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Interesting Round of Healthcare Technology Leadership Moves: athenahealth, Imprivata & More

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athenahealth Bifurcates Chief Financial and Chief Administrative functions; Appoints New CFO Karl Stubelis

As athenahealth bifurcates the Chief Financial and Chief Administrative functions. Kristi A. Matus, EVP and Chief Financial and Administrative Officer (CFAO) of the company, announced her intention to step down, to pursue new challenges. The company appointed Karl Stubelis, to serve as the company's SVP and CFO. Stubelis has served as the company's VP and Corporate Controller, Chief Accounting Officer, Treasurer, interim CFO. Prior to joining the company, he served as VP, corporate controller, and chief accounting officer at Sapient Corporation.

Alibaba Health IT Sees Company Secretary Replacement    

The board of directors of Alibaba Health Information Technology announced that Kin Fai has tendered his resignation as the company secretary of the company. The Board also announced that Ms. Lew Aishan Nicole has been appointed as the Company Secretary, one of the Authorized Representatives and one of the Process Agents.

Press Ganey Appoints New Partner for its Strategic Consulting Division     

Press Ganey Holdings, the provider of patient experience measurement, performance analytics and strategic advisory solutions for health care organizations, announced that Charles Hagood has joined its Strategic Consulting Division as partner. Hagood served in several leadership roles prior to joining Press Ganey. Most recently, he was an affiliate of Clayton Advisors. He is also the founding principal of hG4 Solutions.

NNIT Announces Management Changes      

NNIT announced the appointment of Mette Steffensen as SVP and new Head of IT Solutions Services. Mette Steffensen is an NNIT veteran, having been with the company for the past 10 years. Prior to that Mette spent 7 years with Accenture and hence brings valuable experience to her new role. Most recently, Mette has been responsible for NNIT's Application Outsourcing business and before that for the company's Management Consulting area. Mette Steffensen replaces Soren Luplau-Pagh, who has decided to leave NNIT.

Imprivata Appoints CIO and VP of Government Relations   

Provider of secure access and collaboration solutions for healthcare, Imprivata, appointed Aaron Miri to CIO and VP of Government Relations. Miri has a wealth of experience leading IT organizations supporting innovation in healthcare, most recently as CIO of Walnut Hill Medical Center.

Thomas Brigiotta resigned from his position as SVP, Worldwide Sales of Imprivata. Brigiotta has agreed to continue in his role until August 5, 2016.

Vocera Communications Witnesses Board Member Replacement    

Vocera Communications, that provides mobile communication solutions for hospital staff and mobile workers across diverse enterprise organizations, announced that Mike Burkland, president and CEO of Five9, will join Vocera’s board of directors. Burkland joined Five9 as president and CEO in January 2008.

Burkland will take the place of departing board member Hany M. Nada, who joined the Vocera board in May 2003. It was previously announced that Nada, who has served on the board for more than 13 years, is retiring from his board role on June 1, 2016.

C4X Discovery Holdings Appoints Executive Chair as CEOClive Dix

C4X Discovery Holdings (C4XD) appointed Clive Dix as CEO. Clive joined C4XD as Non-Executive Chairman in October 2014 and became Executive Chairman in November 2015. Most recently, Dr. Dix was CEO of Convergence Pharmaceuticals. Prior to that, Dr. Dix enjoyed successful exits with PowderMed, Auralis Limited and PowderJect Pharmaceuticals, where he held the roles of CEO, Chairman and Head of R&D, respectively.

Sam Williams, Non-Executive Director, will become Interim Chairman whilst a search for a new Chairman is undertaken.

Connecture Announces Board and Senior Management Changes      

Connecture, the company that provides web-based sales, service, and process automation solutions to the health insurance industry, finalized the previously announced $52 million investment led by Francisco Partners. In connection with the investment, Ezra Perlman, Co-President of Francisco Partners, has also joined Connecture’s Board of Directors.

Connecture announced the elimination of the EVP of Sales & Marketing role, held by William A. Spehr, who will cease serving in that capacity. Spehr’s responsibilities and duties will be transitioned in an orderly fashion to current company Sales and Marketing leadership teams.

Connecture announced the addition of Stephanie Meyer as Chief Marketing Officer and Peter Urbain as SVP of Provider Solutions. Previously, Meyer was at GE Healthcare, where she served as head of marketing operations. Meyer also serves on the customer board for Marketo.

Prior to joining Connecture, Urbain held multiple senior management roles focused on the healthcare industry at IBM, Merge Healthcare, and Healthgrades where he set strategic direction, managed domestic and global teams, and launched and expanded new markets.

Connecture purchsed ConnectedHealth. As part of the transaction, key ConnectedHealth executives John Fiacco and Joe Donlan will join the Connecture management team. Fiacco will join Connecture's corporate strategy team as SVP of Corporate and Business Development. Donlan will join Connecture as SVP and Broker Solutions Leader.

MedAdvisor Joint Company Secretary Resigns

Australia based healthcare industry software developer MedAdvisor Limited announced the resignation of Stephen Brockhurst from the position of joint company secretary. Carlo Campiciano, who has jointly held the role since December 2015, will continue as MedAdvisor's sole company secretary. Campiciano is a highly experienced accountant, having spent significant time working in industry as a CFO, as well as 27 years in consulting to businesses.

Emerald Medical Applications Appoints Board Member       

Digital health startup Emerald Medical Applications Corp. appointed Professor Benad Goldwasser, an MD and a resident of the State of Israel, to its Board of Directors.

Dr. Perry Robins has joined the company's Medical Advisory Board. Dr. Robins is Professor Emeritus of Dermatology and was Chief of the Mohs Micrographic Surgery Unit at New York University Medical Center for over forty years.

DATATRAK International Announces Management Changes

Interim CEO and DATATRAK founder Jim Bob Ward has been named CEO and President of unified clinical trial software solutions firm DATATRAK International. The new management team of Julia Henderson (CFO), Tim Lyons (VP Operations) and Scott DeMell (VP Sales) are finalizing a company-wide review of product offerings, pricing, and contracting to formulate DATATRAK's long-run strategic plan.

Feedback Announces Chairman Changes      

Feedback plc announced the appointment of Dr. Alastair Riddell, 67, as Non-Executive Chairman. Dr. Riddell succeeds Tom Charlton, who becomes Deputy Chairman and who will step down from the board at the conclusion of the AGM which is likely to be held in November 2016. Dr. Riddell has over 30 years' experience in the pharmaceutical, life science and biotech industries. He is currently on the Board of three biotechnology companies; AzurRx Biotherapeutics, Cristal Therapeutics and Skyline Vet Pharma. He is also Chairman of the SWAHSN (South West Academic Health Science Network).

IMS Health and Quintiles Transnational Announce Merger Agreement and Executive Changes     

IMS Health Holdings entered into an agreement and plan of merger with Quintiles Transnational Holdings. Pursuant to the merger agreement, the board will be composed of twelve directors of which six shall be designated by IMS Health and six by Quintiles. Ari Bousbib, Chairman and CEO of IMS Health, will be appointed as Chairman and CEO of the Surviving Company, Thomas Pike, CEO of Quintiles, will be appointed as Vice Chairman and Dr. Gillings will be appointed as Lead Director.

WebMD Health Services Appoints Sanofi Exec as Chief Medical Officer    Michael Sokol, MD, M.S. 

WebMD Health Services named Michael Sokol, MD, M.S. as chief medical officer. A seasoned physician leader, Dr. Sokol will oversee an advisory panel of leading researchers and clinicians focused on driving continued innovation and wellness solutions for customers' employees and health plan participants. Prior to joining WebMD Health Services, Dr. Sokol was VP, employee wellness and chief wellness officer at Sanofi.

athenahealth Exec Joins Carecloud as VP of Client Success  

CareCloud named Chris Cousins to VP of Client Success. With more than 20 years of experience in key leadership roles at growing healthcare companies, Cousins will direct Client Success strategy at CareCloud and serve as a client advocate on the executive team. Prior to joining CareCloud, Cousins served as VP of Client Development at athenahealth.

Date Range: April 27th - June 12th


CIOs and Other Tech Exec Appointments & Departures: SAP, Goldman Sachs, Chubb & Many Others

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Comcast Cable Appoints President, Technology and Product and CTOSree Kotay

Comcast Cable promoted Tony Werner to President, Technology and Product, and Sree Kotay to CTO. In his new role, Werner will continue to oversee all aspects of the Technology and Product organization, including innovation, development and operations. The Technology and Product team leads the design and development of Comcast's customer-facing products, software development, systems engineering, next-generation access networks, cloud computing and technical operations. 

Kotay, Comcast's new CTO, joined Comcast in 2007 as Chief Software Architect. Kotay will take on an expanded role, leading Comcast's software and technology strategy, particularly as it relates to new customer-facing products and services, including advanced video and Internet. Mr. Kotay will also now oversee Comcast Innovation Labs Comcast's advanced research and development group as well as overseeing the integration of quality engineering into all aspects of product development.

SAP Promotes IT Service Head as CIO         

SAP named Thomas Saueressig, 31, as CIO. Saueressig is the youngest CIO at a German DAX company, who will lead SAPs IT organization and report to the COO. Saueressig joined SAP in 2004 and was previously global head of IT service.

Goldman Sachs’ Global Head of Investment Banking Technology Leaves

Goldman Sachs Group announced that Lance Braunstein has left Group as managing director and global head of investment banking technology. He has joined as CIO of OptionsHouse, an Aperture Group company

Chubb Promotes Regional Cyber Risks Manager      

Chubb named Gilbert Flepp to the role of Head of Construction, Powergen and Cyber Risk for Africa, as it continues to build its insurance capabilities in the Eurasia & Africa region. Before assuming his current position, Gilbert was Cyber Risks Manager (First Party) for Continental Europe, with responsibility for developing and managing cyber risk insurance products and services across the region. Previously, he served as Technical Lines Manager for Continental Europe, overseeing several diversified portfolios with a focus on power generation, IT & communication (ITC) and construction.

Telstra Appoints Former Nokia CEO to the Newly Created Role of Group Executive of Technology, Innovation and Strategy          

Telstra has appointed Stephen Elop as group executive of technology, innovation and strategy. Elop will have responsibility for Telstra's strategy to become a world class technology company. Elop has held global executive roles with Nokia, Microsoft, Juniper, Adobe and Macromedia including CEO of Nokia for three years.

Adobe Hires CIO from NetApp          Cynthia Stoddard

Adobe named Cynthia Stoddard as SVP and CIO. Most recently, she was CIO and SVP at data storage and management company NetApp, where she led the company's traditional IT functions while also expanding focus on innovation, customer-facing programs and strategic partnerships.

Kimberly-Clark Names Walmart Stores Exec as CIO

Kimberly-Clark Corporation announced that Suja Chandrasekaran has been named CIO. Most recently, Chandrasekaran was SVP, global CTO and chief data officer at Walmart Stores. Prior to Walmart, she was the global CIO for The Timberland Company. Earlier in her career, she held various IT leadership positions including CTO at PepsiCo and CIO, transformation – Americas at Nestle AG.

BMO Financial Group Appoints Head of Technology and Operations         

Tony da Camara now serves as BMO Financial Group's head of technology and operations. Most recently, he was CIO of BMO Harris Bank National Association.

Intercontinental Exchange Promotes SVP of Trading Technology to CTO  

Intercontinental Exchange announced that Mayur Kapani has been promoted to CTO for the company. As CTO, Kapani oversees ICE’s global technology infrastructure, which includes ICE futures exchanges and clearing houses, and will provide guidance for technology at the New York Stock Exchange and Interactive Data. Kapani joined ICE in 2006, serving most recently as SVP of Trading Technology.

S&P Global Appoints IBM Research Exec as CIO    

S&P Global announced that Krishna Nathan has joined the company as CIO. Previously, Dr. Nathan served as VP of Systems at IBM Research, where he led the development and execution of research strategies across multiple areas such as next generation data centers, cognitive systems design, and security. He began his career at IBM in 1991 at the T.J. Watson Research Center, and went on to hold a range of leadership positions in the U.S. and Europe.

Symantec Exec Joins Standard Chartered as CISO    Cheri McGuire

Standard Chartered Bank has appointed Cheri McGuire as Chief Information Security Officer (CISO). McGuire joins Standard Chartered from Symantec, where she has been VP of Global Government Affairs and Cyber Security Policy since 2010 and based in the US.

CSX Corporation Promotes Company Veteran to CIO          

Kathleen Brandt, currently head of the CSX Corporation’s IT subsidiary, will become SVP and CIO. Brandt joined CSX in 1985 and rose through the IT organization, becoming its leader. She has succeeded in key roles in organizational strategy and capital planning, and has ideal skills to lead CSX teams in accelerating deployment of automation, analytics and systems to contribute to next-generation safety, service and efficiency.

Haitong Securities Appoints New CIO          

Haitong Securities Company Limited, a major securities firm in China, approved the proposal of appointing Mao Yuxing as CIO. Before this, he was Deputy General Manager of IT Department at Industrial and Commercial Bank of China.

MTN Group Appoints Group Executive in Technology and Information Systems

MTN Group has appointed Babak Fouladi as Group Executive, Technology and Information Systems. In this role, Fouladi will lead the delivery of MTN's network and IT strategy across the Group. On joining MTN, he will temporarily assume responsibility for the vacant CTO role in MTN South Africa, until a permanent appointment is finalized. Fouladi joins MTN from Vodafone Spain.

Suncorp’s New CIO Joins from Medibank Private    

Suncorp Group has appointed Sarah Harland as the company's new CIO. Harland joins Suncorp from Medibank Private where she has been Executive General Manager, Technology and Operations. Her previous roles include General Manager - Group Technology for ANZ Bank and CIO roles at the National Health Service in the UK and QWEST Communications.

thyssenkrupp Appoints Business IT Specialist as CIO           

German conglomerate thyssenkrupp has appointed Martin Holz as head of the corporate function group processes and information technology, or GPI, and CIO. Martin Holz is a business IT specialist and joined thyssenkrupp in February 2014. Previous positions included senior partner at audit and consulting company Deloitte and various management functions at Daimler and Volkswagen/Audi. Klaus Hardy Muhleck has left the Group at his own request. He is to take up a managerial role with the Ministry of Defense, subject to agreement of the relevant bodies.

Yara International Promotes Head of R&D and Innovation to CTO

Pierre Herben joins the Yara Executive Management group as CTO. He served as Head of R&D and Innovation 2010-2016. Prior to joining Yara, Herben was VP Product and Application development at LyondellBasell Industries from 2007 to 2010.

Alliant Energy Taps VP of Technology from Seattle City Light        

Dirk Mahling has been named VP of Technology at Alliant Energy. In his role, Dirk will oversee all facets of the company's technology strategies and deployment information, operations, cybersecurity and emerging technologies. Since 2012, he has served as CIO at Seattle City Light. Previous positions include: SVP, Alstom Grid North America; VP, Operations Technology, Constellation Energy; and has had leadership roles in two start-ups and consulting positions with Ernst & Young and A.T. Kearney.

CIT Group Appoints Banking Industry Executive to Lead Technology Transformation      

Financial holding company CIT Group appointed Denise M. Menelly as EVP and Head of Technology and Operations. Previously, Menelly spent six years with Bank of America Merrill Lynch, most recently as Head of Enterprise Shared Services. In this role she managed and transformed functions shared by the bank’s corporate, commercial and consumer business lines. She is currently an Executive Board member of the National Center for Women in IT (NCWIT) and for the past four years she has served as the Executive Sponsor for NCWIT’s “Awards for Aspirations” – a national award for high school girls studying computer science.

Former Nokia CTO to Join HARMAN International Industries as EVP and CTO  

HARMAN International Industries announced that Henry Tirri will join the company as EVP and CTO. From 2004 to 2015, Tirri held technology leadership roles of increasing responsibility at Nokia. As EVP and CTO, and member of the Nokia Leadership Team, he was responsible for setting Nokia’s technology agenda, owned all forward-looking R&D and drove Nokia’s core innovation. Prior to joining Nokia, Tirri was a tenured Professor of Computer Science, Head of the Graduate School and the Intelligent Systems Laboratory at the University of Helsinki, leading a world-class research group in probabilistic modeling.

Keysight Technologies Plans to Launch Keysight Software Development Center; Appoints Leader

Keysight Technologies and the Georgia Institute of Technology (Georgia Tech) announced a plan to launch a Keysight software development center to accelerate Keysight’s transformation into a software-centric solutions provider. Todd Cutler, VP and general manager, Keysight Software Products Organization (SPO) and EEsof Electronic Design Automation, will relocate from Santa Rosa to Atlanta to lead the new software development center.

UBM Appoints Group CIO from Oxford University Press     

Global B2B events organizer UBM plc appointed Simon Hollins as Group CIO. Most recently Hollins was CIO for Oxford University Press where he worked on external digital partnerships and internal systems for improved productivity. Simon previously worked at EMI Music where he delivered digital supply chain and market insight programs.

Expedia Exec Joins Wayfair as VP of IT Infrastructure and Security

eCommerce based furniture seller Wayfair announced that Chad Ghosn has joined the company as VP of IT Infrastructure and Security. Before joining Wayfair, Ghosn led the infrastructure team at Expedia, where he spearheaded the modernization of the company’s network and computer environments.

New Jersey Resources Names Godiva CIO to Similar Role

New Jersey Resources announced Jacqueline K. Shea has joined the company as VP and CIO. Shea joins NJR from Godiva Chocolatier, where she served as CIO.

Verifone Systems CTO Resigns         

Verifone Systems announced the resignation of Alok Bhanot as EVP and CTO. Bhanot's responsibilities will be shared by Paul Galant, CEO, Glen Robson, EVP, Global Terminal Solutions and Marc Rothman, CFO.

Aspen Insurance Appoints Head of International Cyber RiskRaheila Nazir

Aspen Insurance has appointed Raheila Nazir as Head of International Cyber Risk. Based in London, Raheila joins Aspen Insurance from AIG Europe, where she was Professional Indemnity Manager for Europe, the Middle East and Africa, a role in which she helped drive the Cyber strategy with responsibility for product innovation in Cyber, Technology and Media lines. She was previously Cyber & Communications, Media and Technology Manager, managing and coordinating the UK portfolio of AIG Europe.

Mighty River Power Appoints Accomplished CIO Kevin Angland as GM Digital Services   

New Zealand based electricity generation and electricity retailing company Mighty River Power appointed Kevin Angland to the position of GM Digital Services. Angland, NZ CIO of the Year in 2014, has held senior leadership positions with New Zealand's insurer IAG NZ over the past decade, most recently as its CIO, overseeing the development and integration of technology platforms for some of New Zealand's best-known insurance brands including State, AMI and NZI.

Trinity Industries Announces CIO Appointment       

Diversified industrial company Trinity Industries announced that W. Relle Howard has joined as VP, CIO. Howard joined Trinity in February 2016. He was previously VP of Information Technology at Flowserve Corporation.

Zendesk Creates CIO Role    

Zendesk named Tom Keiser, former CIO and EVP of global product operations at Gap, as its first CIO. Keiser, whose career spans 20 years of leading global technology initiatives for consumer product and retail companies, most recently led the modernization of Gap’s IT and technology systems to address the rise of digital and mobile consumers.

The New York Times Company Names SVP of Engineering           

The New York Times Company has named Allan Beaufour as SVP of engineering. Beaufour was previously head of engineering at Sum. He has overall responsibility for APIs, content management, as well as data infrastructure across the company.

Proto Labs Hires CIO from MTS      

Proto Labs, the company CNC machined and injection molded components, appointed Rich Baker as its new CTO. Baker replaces longtime Proto Labs' employee and current CTO, Don Krantz, who recently announced his retirement. Baker joins Proto Labs during a time of fast and steady growth - a situation Baker is comfortable with. As CTO at MTS, he played an integral role in building the company’s revenue to approximately $470 million.

Kemper Appoints ACE Group Exec as CIO  

America's major insurance and consumer finance provider Kemper Corporation named Charles T. Brooks as SVP and CIO, leading Kemper’s information systems efforts across Kemper. Brooks previously served as the Global Operations Officer for ACE Group in Philadelphia.

Time Announces Tech Executive Changes    

Time named Kurt Rao to the newly created position of SVP, Technology Operations. Rao, former VP and Corporate CIO of Time Warner, will be responsible for leading the company's technology operations and infrastructure. Rao previously served as VP of Technology at NBC Universal. He has also worked at Vivendi, IAC Interactive and MTV Networks. Rao began his career at Viacom.

Jen Wong, the company President of Digital, will assume oversight of product development and engineering. The company CTO Colin Bodell will be leaving the company.

Cooper-Standard Hires Former GM Exec as CIO     

Automotive supplier Cooper-Standard appointed Susan Kampe as CIO. Most recently, Kampe served as managing partner and founder of Zang Consulting. Before joining Cooper Standard, she held several progressively responsible logistics roles at General Motors in Germany and the United States.

Progress Promotes VP, Engineering as Chief Transformation Officer          

Progress appointed Faris Sweis to the newly-established role of Chief Transformation Officer. In this new role, Sweis will work closely with the Progress product organization to craft and deliver on the strategic technological direction and lead the internal digital transformation effort. Previously, Sweis served as Chief Technical Officer for Telerik, acquired by Progress in December 2014, and was subsequently appointed VP of Engineering for Progress. Sweis joined Telerik in 2010, when it acquired ArtOfTest, which he co-founded and served as CTO. Sweis has also served as a software architect and consultant for Microsoft and Dell. 

Mathew Robinson resigned as its CTO to enroll in the Stanford Graduate School of Business.

Neustar Taps DocuSign Security Exec          Tom Pageler

Neustar, the neutral provider of real-time cloud-based information & analysis, reported that Tom Pageler, has been appointed Chief Risk Officer (CRO) and Chief Information Security Officer (CISO). Prior to Neustar, Pageler served as CRO and CISO at DocuSign. Prior to that, he served as Deputy CISO, JPMorgan Chase; and Head of Risk Assessments and Director of Emerging Risk and Fraud Control, Visa.

LendingTree Appoints LinkedIn Exec as CTO         

Online lending exchange LendingTree announced that Paul Tyma has joined the company as its new CTO. Based in Charlotte at LendingTree's headquarters, Tyma will lead the company's technology strategy and operations. He is former Head of Identity Ecosystem of LinkedIn.

Freightways’ New CIO Comes from M2 Group        

Freightways Limited, a leading provider of express package services throughout New Zealand, appointed Matthew Cocker as its CIO. Matthew will oversee all aspects of Freightways Limited's IT. He is former General Manager, Information Technology of M2 Group.

Rent-A-Center Appoints BDP International CIO as SVP - IT and CIO        

American public furniture and electronics rent-to-own company Rent-A-Center appointed Angela Yochem to SVP - IT and CIO. Yochem comes to Rent-A-Center with more than 10 years of senior executive leadership experience and has a track record of driving competitive advantage and innovation through technology. Yochem recently served as CIO at BDP International.

Trinity Mirror Creates Group CTO Role

One of the largest British newspaper, magazine and digital publisher Trinity Mirror has appointed Eirik Svendsen to the newly created role of group CTO. Eirik has been an executive at Schibstead Media Group, an international media group, since 2011. His career history to date has included internet-centric companies across Europe, with roles at broadcasting software company Vizrt and publishing software company Escenic, amongst others. 

Date Range: April 27th - June 12th

Tech Function Exec Appointment Trends & Open Roles ( CTOs, Tech&Ops, CIOs, CISOs)‏

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Welcome to our Tech Function Exec Appointment Trends & Open Roles for the - 45 days ended June 15th 2016. The roles covered here:   heads of technology, which include CTOs, CIOs, Tech & Ops, CISOs, Cyber and related.

By the numbers, overall:
  • Total Tech Exec Roles Open: 76 
  • New Tech Exec Appointments: 128 (19 women or 14.9%, 109 men)
Heads of Technology Appointed are more technical, more senior and more specialized

The role of the chief technologist is evolving drastically and takes on a variety of combinations. The appointments (128) include:

 

  • 49 CTOs, including two at the EVP Level & one serving that role but whose title is Chief Transformation Officer; and one CTO and COO
  • 36 CIOs, including 7 with SVP titles, and two group CIOs. One also having government relations. 2 also with CISO in their titles.
  • 5 Tech & Ops combinations
  • 3 Technology & Product combinations – including the former CTO at Comcast getting promoted to President, Tech & Product, another President at Baker Hughes, and Product & IT at BlueStar Sports.
  • 6 Digital Officers with tech backgrounds, EVP Chief Digital Officer (former CIO), SVP Operations & Support of Digital, SVP & Head of digital Banking, GM Digital Services (innovation/CIO), SVP, ICT and Digitiation.
  • 8 CISOs & Related: including titles like CISO, Cyber Security, Chief Risk Officer (with IT). The two already counted as CIO and CISO are not in this 8.
  • 12 Roles with Engineering in the title
  • One head of infrastructure (data centers)

Only one role had data as its main function, and one other (mostly engineering) also had responsibility for building data products. 

With the increasing complexity of systems, the emergence of much more powerful technology based businesses, we believe that one will see the following”

  • Highly technical CTOs or CIOs with deep technical credentials at the top of the chain, that can deliver on increasingly complex environments. Businesses cannot afford to not get this right and deliver on complex SLAs and other regulatory requirements.  At the same time, these individuals must be keenly aware of the business requirements.
  • The integration & eventual merging of “application development” and engineering. IT and product are becoming deeply intertwined.
  • Information Security, Information Risk Management, and CyberSecurity are increasing in complexity and is becoming a function with experts in its own right, at the top of the chain. I have had discussions with senior board members on this topic, who believe that in addition to Information Security, cyber credentials and connections with the Federal & other agencies is absolutely essential. Protecting your business not only requires technical prowness but also deep connections with others. This is an area where competitors co-operate, for the good of us all.

We expect that we will see more infrastructure and data center experts as well as data and data analytics / science experts being announced.

In terms of the 76 Open Roles, the functional breakdown is as follows:

  • 37 CIO roles
  • 25 CTOs
  • 12 CISOs
  • 2 Tech & Ops

We have also seen four other resignations, where it is unclear whether a successor candidate is sought after: one for tech & ops (Zurich); two CTOs (Verifone and Service Source) and one CIO (Woolworth’s).

The geographic breakdown of open roles and new appointments was as follows: 

New Tech Function Openings: 8 –Goldman Sachs (NY), Travelers Companies (NY), Medibank (Australia), ShoreTel (CA), Facebook (CA), Biogen (MA), University of Kentucky (KY), Mspark (AL)

Tech Execs Appointed - Sources

Sources of Appointments: 89 were External appointments, and 39 were internal promotions –Divisional execs (9), tech executives joining from acquired companies (2), interim CTO (2), Others (26)

Others:  SVP or VP, Technology, VP-Business Transformation, VP-Research & Innovation, Founder, Director or Senior Director of IT, CFO, CIO to CTO, CTO to President, technology etc. 

Diversity:  14.9% of the appointments are women CIOs. Eli Lilly (IN), Kimberly-Clark (TX), CSX (FL), Suncorp (Australia), Standard Chartered (UK), Adobe (CA), Cooper-Standard (MI), Rent-A-Center (TX), Aspen Insurance (Bermuda), CIT Group (NJ), New Jersey Resources (NJ), Workday (CA), Rizal Commercial Banking (Phillippines), CCB Bankshares (VA), Ruder Finn (NY), DigitalOcean (NY), Transnet (Japan), BMO Harris Bank National Association (IL), HotSchedules (TX).

Geographic Distribution: 91 in the US, in Canada, in Middle East & Africa (MEA), 15 in Europe and 17 in Asia/Russia

Want to keep up to date? Get more updates on new board members (Tech execs on tech and non tech boards; women board members), on new execs/board updates for the Giants, the software industry, and many more. A summary of Vell Research Reports and board/exec updates can be found here. Vell Research Reports and Exec/board moves.

Dora Vell

Vell Executive Search
t: 617-530-1260 | dora@vell.com

Vell Executive Search is a retained executive search firm that specializes in recruiting technology execs for boards and executive roles, such as CEOs and C-Levels. Vell has built a reputation for recruiting talented high-performing leadership teams globally.  www.vell.com

In this Edition

CIOs Wanted
CIOs Appointed
Vell Research Reports and Summary Updates
Vell Executive Search Recent Placements
Vell Executive Search Team
You can subscribe to our Open Roles Newsletters and research reports.

CIO Roles Open


Tech Exec Open Roles (as of June 15, 2016)

Dell, Texas - $59B, November 2015        
Paul J. Walsh, Dell’s CIO, is leaving the company. Scott Pittman, who had been leading Dell’s IT infrastructure services, was named interim CIO while the company looks for a permanent replacement.

Lenovo, China - $46.3B, April 2016
Lenovo's chief of technology Peter Hortensius will entirely take up his new role, heading technology and strategy for the firms new Data Center Group, while previous CTO and present head of Lenovo Capital and Investment Group (LCIG) George He will become acting CTO while the firm looks for a permanent leader in that designation.

UBS AG, Switzerland - $31.9B, March 2016        
Global CIO of UBS Oliver Bussmann resigns. New COO Axel Lehmann will act as head of IT until a replacement is named.

Schneider Electric (Americas), Massachusetts - $27.2B, July 2015   
Schneider Electric is seeking a CISO, Americas, who will be responsible for establishing and maintaining an enterprise-wide information risk security/privacy program while ensuring tight linkage with the overall corporate strategy.

Goldman Sachs, New York - $26.45B, May 2016
Goldman Sachs Group announced that Lance Braunstein has left Group as MD and global head of investment banking technology.

Travelers Companies, New York - $26.29B, May 2016
Greg Toczydlowski leaves the role of EVP and President, Small Commercial, Business Insurance Technology and Operations, to become President of Business Insurance

Facebook, California- $17.93B, May 2016
Facebook is searching for a new CIO. Tim Campos, the company’s current CIO, is leaving at the end of the year to start a new company.

TE Connectivity, Switzerland - $14.26B, October 2015  
EVP and CTO, Robert Shaddock, is retiring from the Company effective late in 2016.

Biogen, Massachusetts - $9.7B, June 2016
After just over a year in the position, Biogen CIO Matt Griffiths is no longer with the company. Biogen plans to fill the CIO position. In the meantime, Mr. Griffiths’ organization reports to Adriana “Andi” Karaboutis, Biogen’s EVP of technology, business solutions and corporate affairs.

Ameriprise Financial, Minnesota - $9.1B, May 2015     
Ameriprise Financial is currently seeking a CISO.

Medibank, Australia - $4.48B, May 2016
Medibank Private Limited announced the resignation of Sarah Harland, EGM Technology & Operations. Sarah has accepted a senior appointment within the Suncorp Group.

Tesla Motors, California - $3.5B, March 2016
Jay Vijayan has left his job as the CIO at Tesla Motors to begin working on a stealth startup. Tesla Motors confirmed Mr. Vijayan’s departure, but it would not say whether it has yet found a permanent replacement.

hhgregg, Indiana - $2.00B, March 2016
On March 23, 2016, Trent Taylor resigned from hhgregg as CIO to pursue other opportunities.

Jack Henry & Associates, Missouri - $1.3B, September 2015  
Jack Henry & Associates is currently seeking a CISO who will be responsible for overseeing the strategy, design and implementation of enterprise-level information security initiatives and programs.

Corbion, Noord-Holland - $948.4M, September 2015      
Corbion has announced that Mr. Sven Thormählen, CTO and member of the company's board of management, is stepping down as board member and will leave the company. His tasks and responsibilities as CTO will temporarily be covered by the CEO of the company.

Lumber Liquidators, Virginia - $978.80M, March 2016
On March 2, 2016, Charles A. Schwartz, the CIO and SVP, business development, of Lumber Liquidators Holdings notified the company that he is resigning, effective March 16, 2016, in order to pursue another opportunity.

Morningstar, Illinois - $783.6M, November 2015 
Greg Goff, Morningstar's CTO, has decided to leave the firm effective December 4, 2015 to join Uptake Technologies.

MicroStrategy, Virginia - $579.8M, June 2015    
MicroStrategy seeks a CISO, who will establish and develop global information security management programs for our internal systems and customer offerings

Town Sports International Holdings, New York - $442M, September 2015  
On September 11, 2015, the employment of Paul Barron, CIO of Town Sports International Holdings, was terminated without cause. Mr. Barron will receive severance payments and benefits as set forth in the Amended and Restated Executive Severance Agreement, dated February 25, 2015.

TeleCommunication Systems, Maryland - $364.1M, November 2015 
TeleCommunication Systems announced the termination of Mr. Drew A. Morin, SVP and CTO of the company on October 28, 2015.

ShoreTel,  California - $360.9M, May 2016
Pankaj Malhotra, the CTO of ShoreTel announced that he would be leaving the Company, effective June 30, 2016, on mutually agreeable terms. The company hasn’t announced any replacement yet.

Ruckus Wireless, California - $326.9M, June 2015        
William Bill Kish is leaving his position as CTO of Ruckus Wireless, to pursue new interests, and has stepped down as a member of the Board of Directors. The company has launched a search for a new CTO who will fuel the next wave of innovation.

StarTek, Colorado - $252.7M, October 2015       
Kamalesh Dwivedi, the company's CIO, separated from the company effective October 14, 2015.

inContact, Utah - $222.0M, April 2016
On April 15, 2016, inContact reached an agreement with Julian Critchfield, EVP and CTO, for his separation from service with the Company.

Philex Mining, Philippines - $187.7M, December 2015    
Philex Mining Corp. announced the resignation of RAYMUND BRETT C. MEDEL as VP and CIO, with effective from January 31, 2016.

LogMeIn, Massachusetts - $166.3M, November 2014     
LogMeIn is seeking a CISO to serve as a subject matter expert and leader reporting into the CTO.  The CISO will lead a global team of four and be responsible for the security of LogMeIn’s suite of award winning software products (including secure development), product delivery (NOC), security features of our products (security design), internal infrastructure (development environment), and 3rd party services (CRM’s, etc).

Xunlei Limited, China - $164M, November 2015 
Xunlei Limited's board of directors has appointed Mr. Lei Chen, the Company's CTO, as Co-CEO. Simultaneously, Mr. Chen resigned as Xunlei's CTO, a post he has held since joining the company in November 2014.

Mastech Holdings, Pennsylvania - $123.50M, March 2016
On March 11, 2016, Denis D. Deet ceased to be VP of Technology and CIO of Mastech Holdings.

Spar Group, New York - $119.3M, April 2016
SPAR Group announced that its CIO, Panos Mastrogiannis will be leaving the company to pursue other opportunities, effective May 6, 2016.

Kresta Holdings, Australia - $69.9M, April 2016
Albert Xu has resigned as CIO, a role he has filled since June 2014.

Spark Networks, California - $55M, October 2015        
Spark Networks announced that resignation of Gregory J. Franchina as a CIO, delivered a notice of resignation to the Company indicating that he intended to resign from the Company effective as of November 14, 2015. The Company intends to replace Mr. Franchina and has initiated the process of recruiting qualified candidates.

CSB Bancorp , Ohio - $24.5M, February 2016     
CSB Bancorp  announced that Steven R. Bailey, EVP, COO and CIO of the company and its wholly owned affiliate The Commercial & Savings Bank, notified the company that he will be retiring and resigning his positions with the Companies, effective March 4, 2016.

Diadexus, California - $18.10M, March 2016
Diadexus announced that Dr.  Emilia Zychlinksy, EVP and Chief Technical Officer, notified the company on March 14, 2016, that she is resigning effective as of April 1, 2016. She will continue in that role until the effective date of her resignation.

NMI Holdings, California - $7.1M, January 2015  
Stan Pachura, EVP and CIO, leaves. Pachura's current duties and responsibilities will be assumed by existing members of the Company's management team, until a replacement is chosen.

Uni-Pixel, California - $2.87M, January 2016
On December 28, 2015, Robert Petcavich, the SVP and CTO of Uni-Pixel, Inc, tendered to the company his resignation for personal reasons, effective as of December 31, 2015. Mr. Petcavich will continue to provide services to the company as a consultant.

B-Scada, Florida - $1.8M, April 2016
B-Scada announced that Joshua Weeks, CTO, resigned his position effective April 1, 2016.

SPYR, Colorado - $1.6M, April 2016
SPYR announced that effective March 31, 2016, Mark McGarrity, the Company's CIO, resigned his position with the company.

CannaSys, Colorado - $0.08M, March 2016
Brandon C.  Jennewine resigned from his position as CTO. Mr. Jennewine remains on the board of directors.

Activistic Holdings, Australia, November 2015   
The Company announced that Activistic Holdings Pty Ltd’s CTO, Mr. Shahab Zeinoghli has resigned effective 18 November.

American Traffic Solutions, Arizona, September 2015 
The company is looking for a CIO responsible for leading and overseeing all aspects of the Company’s technology capabilities, resources and assets.

Wikimedia Foundation, California, June 2015    
Wikimedia is looking for a CTO to lead and connect with communities of volunteers, researchers, and users. The CTO must have the ability to understand and synthesize a vast amount of data, opinions and emerging technologies

Centrify, California, July 2015       
The CISO is the leader of the corporate/physical security function for Centrify, which includes responsibility for overall corporate security strategy, security architecture development, and global function oversight

Smaato, California, September 2015       
Smaato is seeking a CTO to determine the direction of software development, solutions and product offerings.

VITAS Healthcare, Florida, June 2015     
The company is looking for a CISO, to work closely with the IT and Technical Services teams to identify, document and mitigate IT security concerns as related to overall access to resources.

NIBCO, Indiana, September 2015  
NIBCO is seeking a CIO for setting long and mid-range strategies, objectives and initiatives for the Information Services function.

Brookstone, New Hampshire, June 2015 
The CIO is responsible to oversee the development of corporate standards, technology architecture, technology evaluation and transfer; sponsor the business technology planning process; manage client relations; align IT with the business; and develop IT financial management systems.

Colgate University, New York, July 2015 
Colgate University is seeking a CISO to join the IT Services department to serve as the university expert on information security across all domains.

Broadcast Music (BMI), Tennessee, September 2015   
BMI, one of the largest music rights management company in the US, is seeking a CIO who will be responsible for the company’s technological vision and leadership.

Ancestry.com, Utah, May 2015    
Ancestry is currently looking for a leader to fill the new role of CISO, responsible for establishing, executing and maintaining the enterprise vision, strategy and program to ensure that Ancestry’s physical and digital information assets and technologies are adequately protected.

Valley Behavioral Health, Utah, June 2015       
The agency is currently looking for a CIO as a core part of our strategy management team, advising the CEO, CFO, COO, and other core members on matters of strategic and tactical importance concerning IT systems, hardware, software, services, and maintenance.

Blucora, Washington, August 2015
Blucora is looking for a CISO who will be member of the company’s Operations Team.

US Consumer Product Safety Commission, Washington D.C., July 2015      
The agency is looking for a CIO for providing forward-thinking direction and visionary executive leadership for the agency-wide information resources management and IT programs, as well as systems implementation, to assist the agency in achieving its safety mission.

Supreme Group, Washington, D.C., September 2015    
The CIO’s role is to provide vision and leadership for developing and implementing IT initiatives. The CIO directs the planning and implementation of enterprise IT systems in support of business operations in order to improve cost effectiveness, service quality and business development. She/he is also responsible & accountable for all aspects of the organization's IT and systems.

CommonBond, New York, September 2015       
CommonBond is looking for a CTO, to lead the company’s development team and be responsible for delivering technology that enables the company to reach its goals.

First Help Financial, Massachusetts, October 2015       
In order to continue rapid growth, FHF is looking for a highly motivated CTO with leadership and hands-on experience in programming, database, and team management. 

Farm Journal Media, Illinois, October 2015        
The SVP/CTO is a new position intended to drive systems development and technology advancements across the company.

The Buckle, Nebraska, November 2015
The Buckle is seeking a CIO to direct, plan, and manage the company's Information Systems employees and resources to ensure the effective development, implementation, and oversight of all data processing, computer operations, and related functions (Communications, Office and Retail Store Systems, Production Activities, Data Warehousing, Merchandise Management, etc.).

Robertshaw, Illinois, November 2015
Robertshaw
currently seeks for a CIO to join the organization for directing the information and data integrity of the global business for all IT functions of the company.

Royal Canin USA, Missouri, November 2015
The company seeks a CTO who will be the strategic and IT leader for building and managing enterprise, data and application platforms (eCommerce, CRM, Navision, BI, infrastructure) with key accountabilities including: project management, technical documentation, interface development and management controls with all relevant systems, alignment with global team and partnership with all internal teams.   

Brigham and Women's Hospital, Massachusetts, December 2015     
Brigham and Women's Hospital announced that Mark Andersen, MHA, MS, has been appointed interim CIO for Brigham and Women's Health Care (BWHC) effective Jan. 4, 2016. Anderson, who recently served as the interim chief technology and health information officer at University of Virginia Health System, Charlottesville, will ensure continued progress of the recent Partners eCare implementation while the search for a permanent CIO continues.

Ingram Content Group, Tennessee, February 2016
The Ingram Industries subsidiary is looking for a CIO who is expected to develop and implement an IT strategy that meets current needs, establishes a foundation and roadmap for future direction, and is supported and endorsed by the business.

U.S. Nuclear Regulatory Commission, Maryland, February 2016
The commission is looking for a CIO who will report to the Executive Director for Operations (EDO). The CIO will establish policy to carryout NRC’s responsibilities established by the Federal Information Security Modernization Act of 2014, the E-Government Act of 2002, the Federal Financial Management Improvement Act of 1996, the Federal IT Acquisitions Reform Act (FITARA), the Government Paperwork Elimination Act, the Federal Records Act, the Freedom of Information Act, and the Privacy Act.

Allina Health, Minnesota, February 2016
The company seeks a CISO, who will be responsible for overseeing the information security program, including information security policy and the coordination of security efforts across Allina Health.

Utica National Insurance Group, New York, February 2016
The company is looking for a CIO for establishing the strategic direction of the Company’s IT architecture.

Gordon Flesch Company, Wisconsin, February 2016
The company is on a search for a CIO, who will have specific responsibility for planning and implementing an information system strategy that meets the company’s business needs and delivers a good return on investment. Provides leadership to supervisory staff leading IS teams and overall IS department.

Leonard Technology Group, Florida, February 2016
The computer and network security company is seeking a CIO.

[24]7, California, February 2016
[24]7 is a rapidly growing Sequoia Capital-backed company with an enterprise SaaS offering. The company is looking for a CISO.

Prestige Care, Washington, February 2016
The company seeks a CIO to provide technology vision, leadership and direction in the development and implementation of organization-wide IT programs in support of business operations.

Skype, Washington, February 2016
Skype is looking for a CTO, Skype for Business Customer Engineering.
The Skype Business Services is the engineering, operations and business group comprised of the Skype for Business Online with Office 365, and Skype for Business Server product lines.

Core, New York, February 2016
Core is looking for a CTO to be the technical lead to architect and build out version one of the product.

Entrust Datacard, Minnesota, February 2016
The CTO will be responsible for establishing the Company’s technical vision.
The Chief Technology Officer’s function is to compel the technology vision to complement the business vision, setting the tone and direction for the company’s technologies.

Markit, Colorado, February 2016
Markit, a leading global diversified provider of financial information services, is looking for a CTO.

State of California, California, March 2016
California CIO Carlos Ramos retires. Amy Tong is now Acting Director, California Department of Technology. Tong served as the Chief Deputy Director of the Office of Systems Integration (OSI) and the Agency Information Officer of the California Health and Human Services Agency (CHHS) since August 2014.

State of New Jersey, New Jersey, March 2016
New Jersey State CIO Steven Emanuel is stepping down next month and returning to the private sector.

University of Kentucky, Kentucky, May 2016
The university is looking for a CIO.

Mspark, Alabama, June 2016
Mspark, direct marketing solutions company for rural and suburban markets, seeks an experienced technology leader to join as CIO.

Of Note: Other Technology Function Moves

  • Zurich Insurance announced that as part of the revamp, chief operations and technology officer Robert Dickie will step down by mutual agreement to pursue other opportunities outside Zurich. Unsure if the role is open.
  • Woolworths has appointed Ryan Fahy as its acting CIO. Fahy has replaced Clive Whincup. Currently, Fahy is working at the company as its CTO. Unsure if the role is open.
  • Verifone Systems announced the resignation of Alok Bhanot, one of the company's named executive officers from his position as EVP and CTO. Following his departure, Mr. Bhanot's responsibilities will be shared by Paul Galant, Chief Executive Officer, Glen Robson, EVP, Global Terminal Solutions and Marc Rothman, Chief Financial Officer.
  • ServiceSource announced that two executives are departing the company. Gregory Hopkins, Chief Customer Officer, has resigned to pursue a specific opportunity outside of ServiceSource. Mr. Hopkins' last day with the company will be June 30, 2016. After successfully unifying and transforming multiple technology organizations, platforms, and roadmaps, Joe Kovach, Chief Transformation Officer, will be resigning effective July 15, 2016, and the IT organization will be brought together under Brian Delaney, Chief Operating Officer of ServiceSource.

CIOs Appointed

Tech execs appointed in 45 days ended June 15, 2016.

ENGIE SA, France - $75.89B, May 2016
ENGIE promoted Group CIO Yves Le Glard to EVP, Chief Digital Officer and in charge of Group Information Systems.
 
Comcast Corporation, Pennsylvania - $75.44B, May 2016
Comcast Cable announced that it has promoted CTO Tony Werner to President, Technology and Product.
 
Comcast Corporation, Pennsylvania - $75.44B, May 2016Sree Kotay
Comcast Cable announced that it has promoted Sree Kotay to CTO. Kotay joined Comcast in 2007 as Chief Software Architect.
 
Airbus Group, Netherlands - $67B, June 2016
Airbus Group has named the leader of its Silicon Valley innovation center as its next CTO. Paul Eremenko takes the CTO, reporting to Airbus CEO Tom Enders. He will continue to run the San Jose, Calif.-based innovation center, A^3, until a successor is named.
 
ThyssenKrupp AG, Germany - $46.85B, June 2016
thyssenkrupp AG has appointed Martin Holz as head of the corporate function group processes and IT, or GPI, and CIO. Martin Holz is a business IT specialist and joined thyssenkrupp in February 2014.
 
MS&AD Insurance Group Holdings, Japan - $41.48B, May 2016
MS&AD Insurance Group Holdings appointed Executive Officer Tetsuya Yoshikawa, as Executive Officer, CIO and CISO.
 
Eli Lilly and Company, Indiana - $20.17B, June 2016
Eli Lilly and Company announced the promotion of Aarti Shah, Ph.D., to SVP and CIO. She has been the global brand development leader for immunology since 2013.
 
Kimberly-Clark, Texas - $18.37B, May 2016
Kimberly-Clark Corporation announced that Suja Chandrasekaran has been named CIO, reporting to Maria Henry, SVP and chief financial officer. Most recently, Ms. Chandrasekaran was SVP, global CTO and chief data officer at Walmart Stores.
 
Barclays, United Kingdom - $16.94B, May 2016
Barclays plc hired Mark Ashton-Rigby as its new CIO, succeeding Ian Buchanan who left the bank earlier this year. Ashton-Rigby currently serves as CIO for JPMorgan's (JPM) corporate and investment banking unit.
 
Baker Hughes, Texas - $13.81B, May 2016
Art Soucy, previously President, Europe, Africa and Russia Caspian (EARC) region at Baker Hughes, will serve as President, Products and Technology.
 
Yara International, Norway - $12.73B, May 2016
Pierre Herben joins the Yara Executive Management group as CTO. He served as Head of R&D and Innovation 2010-2016.
 
Toys R Us, New Jersey - $11.79B, May 2016
Toys R Us announced that Lance Wills will join the company as EVP, Global CTO. Wills comes to the company from American Eagle Outfitters where he served as VP, Global Head of Digital Technology.
 
CSX, Florida - $11.4B, May 2016
CSX Corporation has announced that Kathleen Brandt, currently head of the company's IT subsidiary, will become SVP and CIO. Brandt joined CSX in 1985 and rose through the IT organization, becoming its leader.
 
Suncorp Group, Australia - $9.75B, May 2016
Suncorp Group has appointed Sarah Harland as the company's new CIO. Ms. Harland joins Suncorp from Medibank Private where she has been Executive GM, Technology and Operations.
 
Johnson Controls, Wisconsin - $9.7B, May 2016
Johnson Controls and Tyco International announced the senior executive team that will lead the combined company following the close of their planned merger, which is expected on or around October 1, 2016. John Repko will serve as VP & CIO - currently CIO & enterprise transformation leader with Tyco.
 
MTN Group, South Africa - $9.51B, May 2016
MTN Group has appointed Babak Fouladi as Group Executive, Technology and Information Systems. Fouladi joins MTN from Vodafone Spain.
 
Bank of Montreal, Canada - $8.24B, May 2016
Tony da Camara now serves as BMO Financial Group's head of technology and operations. He was CIO of BMO Harris Bank National Association until recently.
 
Harman International Industries, Connecticut - $6.7B, May 2016
HARMAN International Industries announced that Henry Tirri will join the company as EVP and CTO. Most recently, President and Founder of Beaivi and former Nokia EVP, Technology Advisor to CEO.
 
Rakuten, Japan - $6.54B, June 2016
Rakuten appointed Yasufumi Hirai as Group EVP, CIO and CISO from EVP and CIO.
 
Trinity Industries, Texas - $5.95B, June 2016
W. Relle Howard has joined Trinity as VP, CIO. Mr. Howard joined Trinity in February 2016. He was previously VP of IT at Flowserve Corporation.
 
Standard Chartered, United Kingdom - $5.68B, May 2016
Standard Chartered Bank has appointed Ms. Cheri McGuire as CISO. McGuire joins Standard Chartered from Symantec Corporation, where she has been VP of Global Government Affairs and Cyber Security Policy since 2010 and based in the US.
 
S&P Global, New York - $5.38B, May 2016
S&P Global announced that Krishna Nathan has joined the company as CIO. Previously, Dr. Nathan served as VP of Systems at IBM Research.
 
Adobe, California - $5.06B, May 2016Cynthia Stoddard
Adobe named Cynthia Stoddard as SVP and CIO. Most recently, she was CIO and SVP at data storage and management company NetApp.
 
Intercontinental Exchange, Georgia - $3.46B, May 2016
Intercontinental Exchange announced that Mayur Kapani has been promoted to CTO for the company. Kapani joined ICE in 2006, serving most recently as SVP of Trading Technology.
 
ADT Corp., Florida - $3.4B, June 2016
Donald Young has been appointed the new CIO of home security company ADT Corp., according to recent company filings. He’s one of several executives appointed after the deal to merge Apollo Global Management LLC subsidiary Protection 1 with ADT closed on May 2. The new company will be known as ADT.
 
Cooper-Standard, Michigan - $3.4B, May 2016
Cooper-Standard Holdings appointed Susan Kampe, CIO, to corporate officer. Most recently, Kampe served as managing partner and founder of Zang Consulting.
 
Rent-A-Center, Texas - $3.23B, May 2016
Rent-A-Center appointed Angela Yochem to SVP - IT and CIO. Yochem recently served as CIO at BDP International.
 
Keysight Technologies, California - $2.86B, May 2016
Keysight Technologies and the Georgia Institute of Technology (Georgia Tech) announced a plan to launch a Keysight software development center to accelerate Keysight’s transformation into a software-centric solutions provider. Todd Cutler, VP and GM, Keysight Software Products Organization (SPO) and EEsof Electronic Design Automation, will relocate from Santa Rosa to Atlanta to lead the new software development center.
 
Aspen Insurance, Bermuda - $2.73B, May 2016Raheila Nazir
Aspen Insurance has appointed Raheila Nazir as Head of International Cyber Risk. Raheila joins Aspen Insurance from AIG Europe Ltd, where she was Professional Indemnity Manager for Europe, the Middle East and Africa.
 
Time Inc., New York - $2693.0M, May 2016
Time has named Kurt Rao to the newly created position of SVP, Technology Operations. Rao is former VP and Corporate CIO of Time Warner.
 
CIT Group, New Jersey - $2.5B, May 2016
CIT Group appointed Denise M. Menelly as EVP and Head of Technology and Operations. Previously, Menelly spent six years with Bank of America Merrill Lynch, most recently as Head of Enterprise Shared Services.
 
New Jersey Resources, New Jersey - $1.91B, June 2016
New Jersey Resources announced Jacqueline K. Shea of Freehold, New Jersey has joined the company as VP and CIO. Shea joins NJR from Godiva Chocolatier, where she served as CIO.
 
Blackhawk Network, California - $1.84B, June 2016
Blackhawk Network announced that Sachin Dhawan has been appointed to SVP, CTO. Most recently, Dhawan was VP of engineering for global consumer products at PayPal.
 
The New York Times Company, New York - $1.47B, June 2016
New York Times named Allan Beaufour as SVP of engineering. Mr. Beaufour was previously head of engineering at Sum.
 
ADESA, Indiana - $1.33B, May 2016
ADESA announced that Richard Griskie has been named CIO. Prior to this role, Griskie served as the VP of technology operations and process for DealerTrack in New York.
 
Workday, California - $1.25B, May 2016
Workday appointed Diana McKenzie as the company's CIO. Prior to joining Workday, Diana was SVP and CIO at Amgen.
 
UBM, United Kingdom - $1.13B, May 2016
UBM plc appointed Simon Hollins as Group CIO. Most recently Simon was CIO for Oxford University Press.
 
Mighty River Power, New Zealand - $1.1B, May 2016
Mighty River Power appointed Kevin Angland to the position of GM Digital Services. Mr. Angland, NZ CIO of the Year in 2014, has held senior leadership positions with New Zealand's insurer IAG NZ over the past decade, most recently as its CIO.
 
NeuStar, Virginia - $1.08B, June 2016Tom Pageler
Neustar reported that security and risk executive, Tom Pageler, has been appointed Chief Risk Officer (CRO) and CISO. Prior to Neustar, Pageler served as CRO and CISO at DocuSign.
 
Trinity Mirror, United Kingdom - $884.7M, May 2016
Trinity Mirror plc has appointed Eirik Svendsen to the newly created role of group CTO. Eirik has been an executive at Schibstead Media Group, an international media group, since 2011.
 
Shutterstock, New York - $444.3M, June 2016
Shutterstock entered into an employment agreement with David Giambruno to join the company as its CIO. He is former SVP & CIO of Tribune Media.
 
Progress Software, Massachusetts - $385.7M, May 2016
Progress promoted VP of Engineering Faris Sweis to the newly-established role of Chief Transformation Officer. In this new role, Sweis will work closely with the Progress product organization to craft and deliver on the strategic technological direction for the entire company. Previously, Sweis served as Chief Technical Officer for Telerik, acquired by Progress in December 2014, and was subsequently appointed VP of Engineering for Progress.
 
Freightways, New Zealand - $337.7M, May 2016
Freightways Limited appointed Matthew Cocker as its CIO. He is former GM, IT of M2 Group.
 
LendingTree, North Carolina - $298.0M, May 2016
LendingTree announced that Paul Tyma has joined the company as its new CTO. He was Acting advisory CTO at Bullpen Capital.
 
Proto Labs, Minnesota - $278.1M, May 2016
Proto Labs appointed Rich Baker as its new CTO. Baker replaces longtime Proto Labs' employee and current CTO, Don Krantz, who recently announced his retirement. Baker was CTO at MTS.
 
QTS Realty Trust, Kansas - $272.0M, May 2016
Nearly one year after acquiring Carpathia Hosting and significantly increasing its data center, cloud and managed service offerings, QTS Realty Trust named Jon Greaves to the new role of CTO. Prior to joining Carpathia, Greaves was a Distinguished Engineer and CTO of Sun Services' global engineering team.
 
Yirendai, China - $262.9M, June 2016
Yirendai appointed Yang Cao to the positions of COO and CTO of the company. Prior to joining Yirendai, Mr. Cao was the GM of Asia-Pacific operations at xAd.
 
Zendesk, California - $235.0M, May 2016
Zendesk named Tom Keiser, former CIO and EVP of global product operations at Gap, as its first CIO.
 
Vaibhav Global, India - $192.5M, June 2016
Vaibhav Global Group announced the joining of Vineet Vashist as CTO. Vineet comes from Aritzia where he was their Director of E-Commerce Technology.
 
STG Group, Virginia - $185.3M, May 2016
STG Group announced that it has appointed Joseph P. Nicholas as the SVP and Sector Lead, Cybersecurity and Secure Information Systems. Prior to joining STG, Mr. Nicholas served as the VP of the Cyber Intelligence and Operations Sector at the Parsons Corporation.
 
MobileIron, California - $153.8M, May 2016
MobileIron announced that Dilip Patel has been named SVP of Customer Success. Prior to joining MobileIron, Dilip spent 15 years at Wind River. He joined Wind River as a field engineer and held a series of positions over the years including VP Customer Operations and SVP R&D.
 
Rizal Commercial Banking, Philippines - $126.6M, May 2016
Rizal Commercial Banking Corporation appointed Ms. Margarita B. Lopez as first SVP and Head of the Digital Banking Group.  Ms. Lopez brings with her over 28 years of experience in business operations, process, product, brand, account, and technology management mostly in the banking insurance sector. She was a member of the Board of Directors and Corporate VP and Asia Head of Digital of Manulife Financial.
 
Imprivata, Massachusetts - $125.0M, May 2016
Imprivata appointed Aaron Miri to CIO and VP of Government Relations. Miri has a wealth of experience leading IT organizations supporting innovation in healthcare, most recently as CIO of Walnut Hill Medical Center.
 
Manx Telecom, Isle of Man - $117.4M, June 2016
Manx Telecom has appointed Mark White as Head of Data Centre Infrastructure and Facilities. Mark joins Manx Telecom from Norland Managed Services in the UK where, as Technical Supervisor, he had responsibility for the operation of two data centres, including upgrade projects, technical back-up, sub-contractor selection, and management of an engineering team.
 
Amtech Systems, Arizona - $112.8M, June 2016
Amtech Systems appointed Jan-Marc Luchies as CTO. Dr. Luchies currently serves as R&D director at Tempress Systems and has more than 20 years experience in R&D at different companies.
 
Posti Group Oyj, Finland - $105.4M, June 2016
Posti Group announced that Jani Jolkkonen, 43, M.Sc. (Tech.); EMBA has been appointed the SVP, ICT and Digitalization of Posti. With his long and extensive experience of Posti's business operations, Jolkkonen will continue as a member of the Executive Board.
 
Posti Group Oyj, Finland - $105.4M, June 2016
CIO of the Posti Group, B.Sc. Esa Viitamäki, 58, has been appointed the CTO of the Posti Group.
 
Burness Paull & Williamsons, United Kingdom - $80.2M, May 2016
Burness Paull announced that Callum Sinclair, joins the firm's Glasgow office on May 9, 2016, will lead the technology sector group and will also take over as head of the firm's commercial division. The head of technology position is a newly created role. As head of commercial, he replaces David Goodbrand, who has successfully led the team for the past ten years and will work with Sinclair in driving it forward.
 
Lombard Risk Management, United Kingdom - $34.2M, May 2016
Lombard Risk Management plc announced that Mike Payne has been appointed to the role of CTO. Mike joined Lombard Risk in January 2016 as Interim CTO.
 
Energy Action, Australia - $24.3M, June 2016
Energy Action Limited appointed Mathews George as the company's inaugural CIO. His most recent executive role was as CIO for MetLife Insurance Limited.
 
Accelerize (CAKE), California - $22.1M, May 2016
Accelerize New Media owns and operates CAKE, a provider of SaaS-based solutions, which appointed Paul Dumais as SVP of Product. Paul most recently served as VP Product Development at Scalable Network Technologies.
 
Syncordia Technologies and Healthcare Solutions, Canada - $13.7M, May 2016
Syncordia Technologies and Healthcare Solutions hired CTO, Andy Tran. Prior to joining Syncordia, Tran held senior management positions at leading companies including Unisource, Bertelsmann, Microsoft, and the Travelers.
 
Aptilo Networks, Sweden - $11.7M, May 2016
Aptilo Networks announced that Jonas Björklund, a co-founder of company who formerly served as the company's Director Sales Engineering and Delivery, EMEA, has been named CTO.
 
Century Peak Metals, Philippines - $4.9M, June 2016
Century Peak Metals Holdings announced the resignation of Gladys C. Velasco as Chief legal officer, Chief compliance officer, CIO to pursue other professional endeavors and appointment of CFO Roldan M. Antonio as Compliance Officer and Corporate Information Officer in addition to his designation as CFO.
 
Kantar Health, New York - $3.9M, May 2016
Kantar Health announced that Tom Haskell has joined the company as Global Head of Data Analytics. Over the past 15 years he has directed the development of many data-driven solutions for top pharmaceutical companies, mainly in support of clinical trial data, portfolio management and research and development. He also has architected technology platforms utilizing complex, global, patient-level data.
 
Drone Aviation, Florida - $0.9M, May 2016
Kevin Hess who has been appointed CTO. Hess has been integrally involved with Lighter Than Air Systems as an engineer and consultant since its founding in 2009,
 
CCB Bankshares, Virginia - $0.8M, May 2016
CCB Bankshares appointed Christy F. Quesenbery as SVP, Enterprise Risk Manager. Christy specializes in IT and Compliance as it pertains to community banking. With over thirty years of banking experience, she brings experience in a broad range of functions including but not limited to IT, Loan and Deposit Operations, Compliance, E-Banking, and HR.
 
Advanced Credit Technologies, Florida, May 2016
Advanced Credit Technologies approved Mark Carten to serve as the Company's Chief Technical Officer. Mark Carten has worked as an independent software and hardware developer for over 30 years.
 
Digium, Alabama, June 2016
Digium announced Matthew 'Matt' Jordan has been promoted to the leadership team as CTO. He assumes responsibilities of CTO, previously held by Mark Spencer, founder of Digium and creator of the Asterisk open source project. Jordan most recently served as the company's director of technology.
 
Intrepid Investment Bankers, California, June 2016
Intrepid Investment Bankers announced that Christopher H. Park has joined the firm as MD and Head of Software & Services. Most recently, Christopher served as lead coverage officer for HCIT and tech-enabled services industries as Director of Software & Technology Investment Banking with B. Riley & Co.
 
CardConnect Pennsylvania, June 2016
CardConnect named Abe Marciano as CIO. Most recently, Abe served as Head of Global Operations at Braintree, a PayPal Company.
 
1insurer, United Kingdom, June 2016
1insurer announced it has appointed Yogesh Shinde as CTO. Yogesh Shinde joins from OptumInsight (part of UnitedHealth Group).
 
Align Communications, New York, June 2016
Align announced that they are enhancing and expanding their security practice. The company has named Seth M. Arbital, CISO, to lead the practice.
 
InsideSales.com, Utah, June 2016
InsideSales.com announced that Dave Boyce has been named SVP of customer success, where his primary focus will be helping companies sell more by leveraging InsideSales' software platform. For the past year, Boyce built and ran InsideSales' world-class strategic consulting organization, Momentum.
 
NTT Com Asia Limited, Hong Kong, June 2016
Taylor Man is promoted to CTO and will oversee the company’s product strategies. Prior to joining NTT Com Asia in 2005 as VP, Products and Solutions of New Business and Marketing Division, Taylor served as Associate Director, IT in UBS.
 
Flipkart, India, June 2016
Flipkart has restructured its technology team, and elevated its Engineering Head Peeyush Ranjan as the group CTO.
 
Hello Pal, Canada, June 2016
Hello Pal International appointed Daniel Kou as CTO. His experience ranges from app development, system architecture design and programming to project management and product design, and includes 8 years working at Huawei Technologies as Chief Architect of several key product lines.
 
Timesys Corporation, Pennsylvania, June 2016
Timesys Corporation announced that Dr. Rakesh Thapar has joined the company as CTO. Before joining Timesys, Thapar worked at Honeywell where he was the Senior Director & Global Head of R&D for Workflow Solutions Software in the S&PS SBU.
 
United Wind, New York, June 2016
United Wind has announced the hire of Philip Futernik as CTO. Philip, most recently held the role of Senior Software Engineer with Harris Corporation.
 
Ruder Finn, India, June 2016
Ruder Finn has promoted Shruti Das to the role of Technology Lead for Asia. A Ruder Finn Delhi employee for more than five years, Shruti will be an integral part of the global technology team and will assist in streamlining information sharing with Ruder Finn in US, Europe, South East Asia and China.
 
Exari Group, Massachusetts, June 2016
Exari Group announced it has promoted Oystein Namtvedt to MD and CTO of Exari Norway. Namtvedt was most recently CTO of CMA Contiki.
 
Aspen U.S. Holdings, Connecticut, June 2016
Aspen Insurance has appointed Josh Ladeau SVP of cyber risk for Aspen U.S. Insurance. He most recently served as the practice lead for privacy and network security at Allied World Assurance Co.
 
TempWorks Software, Minnesota, June 2016
TempWorks Software announced Kevin Prow as the company's new CIO. Prior to being named to his new role, Prow held several positions at the company, including support technician, product developer and director of support services. He played an instrumental role in implementing the company's payroll funding division in 2009. Since then, Prow served as the director of support services.
 
Comerica Bank, Texas, June 2016
Sangy Vatsa has been named EVP and CTO for Comerica Bank, succeeding George Surdu, EVP and CTO, who plans to retire this fall after more than 10 years with Comerica and 40 years in the field of IT. Vatsa joined Comerica from The American Express Company where he served as the CIO for global customer service, credit, collections and payments issuance.
 
DigitalOcean, New York, June 2016
DigitalOcean announced that it has hired Julia Austin as its CTO. Austin takes the CTO role at the company after spending the last few years as an advisor and investor to early stage companies, and as a faculty member of Harvard Business School’s Entrepreneurial Management Unit where she teaches Product Management.
 
Opengear, Utah, June 2016
Opengear appointed Marcio Saito as CTO. Prior to accepting his position with Opengear, Saito served in several executive leadership positions at companies that have made key contributions to advancing the technology used in the data center industry under his stewardship.
 
Saylent Technologies, Massachusetts, June 2016
Saylent announced the addition of Rishi Bhatia as the CTO. Prior to joining Saylent, Bhatia held leadership roles at start-ups and Fortune 500 companies, including ThirdScreenMedia, Intygral Flexi Financials and CA Technologies.
 
Blue Star Sports, Texas, June 2016
Blue Star Sports appointed Steven Klohn as CTO. Klohn comes to Blue Star Sports from Brinker International where he most recently served as CTO with prior experience serving in executive roles at RealPage.
 
Blue Star Sports, Texas, June 2016
Blue Star Sports appointed Derrick Carpenter as Chief Product Officer. Carpenter most recent role was SVP of Industry Solutions and Platforms for Bank of America Merchant Services.
 
Transnet, Japan, June 2016
Transnet has appointed Makano Mosidi as CIO. Mosidi has considerable experience in the ICT sector. In addition to serving as CIO for Middle East and Africa at one of South Africa's leading and most innovative technology giants Dimension Data (Didata), she has extensive experience in the private sector, primarily IT consulting.
 
Profire Energy, Utah, June 2016
Profire Energy appointed Harold Albert as CTO. Previously, Mr. Albert, 53, was working as the COO of Profire Energy since October 2008 and a director of the Company since November 2008.
 
Tapad, New York, June 2016
Pål Høye, former tech lead at renowned investment bank Goldman Sachs, has joined Tapad as SVP of Engineering.
 
Sutro Biopharma, California, June 2016
Sutro Biopharma appointed Dr. Shabbir T. Anik to the newly-created position of chief technical operations officer. Dr. Anik brings over 30 years of experience in pharmaceutical technology, drug development, manufacturing operations and strategic alliance-building to the company as it advances its late-stage preclinical and emerging clinical pipeline. Dr. Anik most recently served as SVP of technical operations at Onyx Pharmaceuticals.
 
Rastriya Banijya Bank, Nepal, May 2016
Rastriya Banijya Bank announced that Bishnu Prasad Baidhya, the Deputy GM, has been assigned additional role of CIO of the company.
 
Original Force, China, May 2016
Shawn Dunn has joined Original Force as CTO. Dunn spent the past 13 years at Weta Digital, where he most recently served as their Head of Research & Development for the Motion Group.
 
Capital Insurance Group, California, May 2016
Capital Insurance Group has promoted John Halberstadt to VP and CIO. Halberstadt joined CIG in July 2015, with over 20 years of senior-level technology leadership experience. He has previously served as SVP of Customer Experience Innovation at artificial intelligence pioneer Next IT, CIO of United General and VP of IT at Fidelity National.
 
LucidWorks, California, May 2016
Lucidworks named Trey Grainger as SVP of Engineering.  Previously, Grainger served as Director of Engineering over Search and Recommendations at CareerBuilder.
 
Inventys Thermal Technologies, Canada, May 2016
Soheil Khiavi, co-inventor of the VeloxoTherm™ process, was named to the new role of CTO.
 
Sevatec, Virginia, May 2016
Sevatec announced that 20-year IT industry veteran, Anantha Bangalore, has joined the company as CTO. Prior to joining Sevatec, Bangalore served as Chief Technical Officer at Blackstone Technology Group (BTG).
 
ModCloth, California, May 2016
ModCloth appointed Nicolas Genest as CTO. Genest most recently served as the CTO for the online luxury consignment retailer The RealReal.
 
Sevier County Bank, Tennessee, May 2016
Sevier County Bank named R. Lane Fox as SVP and director of IT. Fox, who joined Sevier County Bank in 2015 after spending 12 years as head of IT for the Bank Currituck in Currituck, N.C., will oversee the bank's information systems.
 
Alteryx, California, May 2016
Alteryx reported that Jay Bourland has joined the company as its SVP of Engineering. Prior to the company, Bourland was the SVP and GM, Customer Communications at Pitney Bowes Software.
 
Valley National Bank, Florida, May 2016
Valley National Bank has appointed Robert J. Bardusch to EVP, CIO. Prior to this role, he was SVP and CIO for a financial services company.
 
Spreemo,  New York, May 2016
Spreemo has appointed Andreas Turanski as its CTO. Prior to joining the company, Turanski lead Engineering at Jibe, a SaaS platform for recruiting.
 
Webtrends, Oregon, May 2016
Webtrends announced that Peter Crossley has been promoted to CTO. Formerly the Director of Product Architecture and Technology, Crossley has been with Webtrends since 2009.
 
Ashford.com, New York, May 2016
Ashford.com – a premiere global internet retailer of fine watches and specialty jewelry – has hired Vijay Murali as its CTO. Most recently, Murali was CIO and senior technology leader for Fabric.com – a subsidiary of Amazon.com.
 
New England Funding Technologies, California, May 2016
NEFT appointed David Davis as its new CISO. Prior to NEFT, Davis served as a marine expeditionary force information systems management officer.
 
SettlementOne Screening, Nevada, May 2016
Sackett National Holdings (SNH) announced that Scott K. Stucky has been appointed EVP, Software & Data Solutions, for SNH financial subsidiary SettlementOne. Prior to joining SNH, Stucky served as Chief Strategy Officer and COO for DocuTech Corporation.
 
LiveTiles, New York, May 2016
LiveTiles appointed Peter Nguyen-Brown as CTO, a newly created role. Peter is a co-founder of LiveTiles and currently serves as a non-executive director of LiveTiles.
 
BMO Harris Bank National Association, Illinois, May 2016
BMO Harris Bank NA named Deepa Soni as CIO, succeeding Tony da Camara. Soni has been with BMO Financial Group's U.S. operations since April 05, 2016.
 
Social Solutions, Maryland, May 2016
Social Solutions Global has named Benny Melumad as CTO. Appointed CTO after serving five months as interim CTO, Melumad leads the Product Development division, which includes the Development, Quality Assurance, and Engineering Services teams.
 
ION Engineering Colorado, May 2016
ION Engineering announced that it has appointed Erik Meuleman, PhD as CTO. Most recently he served as Research Team Leader at the Commonwealth Scientific and Industrial Research Organization (CSIRO) Australia.
 
ExaGrid Systems, Massachusetts, May 2016
ExaGrid announced that Yee-ching Chao, ExaGrid's former SVP of Engineering, has rejoined the company in the same capacity. Yee-ching was originally with ExaGrid for six years. He spent the last two years working for Amazon in Seattle, Washington and now rejoins ExaGrid. 
 
IPC Systems, New Jersey, May 2016
IPC Systems appointed Tony Carriero as CISO. Carriero's most recent roles with Edgewater Ranzal and PwC (PriceWaterhouseCoopers) involved assisting large multi-national companies in designing their Information Security and Risk Management Programs while migrating their products to both public and private clouds.
 
Blackstratus, New Jersey, May 2016
BlackStratus announced that it has selected Mike Maxwell as its Chief Security Officer. Before coming to BlackStratus, Mike spent over a decade with British Telecom (BT).
 
Arkadin, France, May 2016
Arkadin appointed Jean-Pierre Dacher as CTO. The new CTO has over 30 years of international experience as product and engineering director in companies including Hewlett-Packard, SAP, Business Objects and most recently Murex, where he was director of operations.
 
Peppermint Technology, United Kingdom, May 2016
Peppermint Technology appointed Mike Walker to the post of CTO. Prior to joining Peppermint, Walker was Global Chief Software Architect at Thomson Reuters Elite.
 
Aperture Group, Florida, May 2016
Aperture Group announced that Lance Braunstein joined the Group as CIO from Goldman Sachs Group. Braunstein was MD and global head of investment banking technology at Goldman Sachs.
 
DriverUp, Texas, May 2016
DriverUp announced that tech industry veteran Anthony Fratiani has joined its executive team as CTO. Prior, he spent most of his career at Match.com, in various key technology roles helping the company transition from an early stage growth story to a global online dating powerhouse.  
 
HotSchedules, Texas, May 2016
HotSchedules has named Elizabeth Sartin Chief Product Officer (CPO). Formerly CPO at Match.com Europe, Sartin brings more than fifteen years of management and product experience in Fortune 500 and 1000 companies.
 
Merkle, Maryland, May 2016
Merkle appointed Neil Gissler as EVP, global technology & delivery. He joins Merkle from Unisys, where he was the SVP of services and a corporate officer.
 
Corcentric Collective Business System Corp., Virginia, May 2016
Corcentric announced that Hugo Borda has joined the company as SVP of Technology and Engineering. Hugo comes to Corcentric from iMapData, where he was the CTO.
 
Xaxis New York, May 2016
Xaxis announced it has named Bob Hammond as CTO. Prior to joining the company, Hammond was CTO at mobile ad company Millennial Media (AOL).
 
Xometry, Maryland, May 2016
Xometry announced that Scott Rothrock has joined as SVP of Software Engineering. Rothrock joins from Politico, where he was the CTO.
 
Haitong Securities, China, May 2016
Haitong Securities Company approved the proposal of appointing Mao Yuxing as CIO. Before this, he was Deputy General Manager of IT Department at Industrial and Commercial Bank of China.
 
Clinton Savings Bank, Massachusetts, May 2016
Clinton Savings Bank has promoted Mary T. Dean of Lunenburg to the role of SVP, CIO, a position vacated by Michael D. Tenaglia, who recently retired. Ms. Dean joined CSB seven years ago as a SVP of commercial lending and cash management. 
 
Young America, Minnesota, June 2016
Marketing firm Young America has named former Best Buy senior technology manager Todd Carter as its first CIO. Carter, since March 2015 was COO at media technology firm Lakana.
 
 
U.S. Census Bureau, Maryland, June 2016
The U.S. Census Bureau has named a new CIO, Kevin Smith, a veteran of the public and private sector with a background in IT modernization. 

 

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Software Industry Leadership Moves: CSC, EA, Symantec & Many Others

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SAP Appoints Concur Exec as President to Lead Team Offering Solutions for SMBsBarry Padgett

SAP appointed Barry Padgett as new president of the SAP® Business One, SAP Anywhere, and SAP Business ByDesign® teams. He steps into the role having held various leadership positions since 1997 at Concur Technologies, including serving as Concur's chief product officer since 2014. 

Adobe Hires CIO from NetApp; Names MD for South Asia      

Adobe named Cynthia Stoddard as SVP and CIO. Most recently, she was CIO and SVP at data storage and management company NetApp, where she led the company's traditional IT functions while also expanding focus on innovation, customer-facing programs and strategic partnerships.

Adobe has elevated Kulmeet Bawa to MD for South Asia, taking over from Umang Bedi, who is leaving the company after five years of service. Bawa currently serves as Head of Sales for Adobe in India. Shanmugh Natarajan, Executive Director for Adobe India and VP Engineering, Digital Media, will continue to provide Site Leadership to Adobe India with a key focus on important research and development operations.

CSC and Hewlett Packard Enterprise Announce Executive Appointments for New Company        

CSC announced that its Board of Directors has unanimously approved a plan to merge the company with the Enterprise Services segment of Hewlett Packard Enterprise. The merger is expected to be completed by the end of March 2017, subject to shareholder and regulatory reviews and approvals. Following completion of the transaction, Mike Lawrie, who currently serves as chairman, president and CEO of CSC, will become chairman, president and CEO of the new company.

Meg Whitman, HPE’s president and CEO, will join the new company’s Board of Directors, which will be split equally between nominees of CSC and HPE.

CSC’s current CFO, Paul Saleh, will continue in that role after the transaction closes.

Mike Nefkens, the current EVP and GM of HPE Enterprise Services, will report to Lawrie and will become a key part of the new company’s executive team. Other executives and directors, as well as the name of the company, will be announced at a later date.

Electronic Arts Appoints CEO of Blackhawk Network to Its Board Talbott Roche

Electronic Arts appointed Talbott Roche, 49, to EA’s Board of Directors. Roche is the CEO and President of Blackhawk Network. Prior to her role as CEO, Roche served as the President of Blackhawk, as well as leading Marketing, Product and Business Development for the company.

CA Sees Principal Accounting Officer Replacement

CA elected Anthony J. Radesca as the company's principal accounting officer. Radesca, 47, has served as the company's VP of Accounting since June 2008. He brings 25 years of experience in both Public and Corporate Accounting to his new role. Radesca is a NeVPw York State Licensed Certified Public Accountant. Radesca will succeed Neil A. Manna, who resigned as the Company's principal accounting officer to pursue another opportunity.

Symantec to Acquire Blue Coat; Blue Coat CEO to Take Over as Symantec CEO  

Symantec and Blue Coat announced that they have entered into a definitive agreement under which Symantec will acquire Blue Coat for approximately $4.651 billion in cash. In connection with this investment, David Humphrey, a MD of Bain Capital Private Equity, will be appointed to Symantec’s Board of Directors, effective at the close of the transaction.

Greg Clark, CEO of Blue Coat, will be appointed CEO of Symantec and join the Symantec Board upon closing of the transaction. Greg Clark has served as the CEO of Blue Coat and as a member of the company’s board of directors since September 2011. Prior to joining, Clark was president and CEO of Mincom, from 2008 to August 2011.

Equinix CEO Joins the Board of Directors of NetApp          

NetApp announced that Steve Smith, 58, CEO and president of Equinix, has joined its board of directors. Smith joined Equinix in 2007 from Hewlett-Packard, where he served as SVP of HP Services.

Netsuite Appoints Apple Japan Exec as VP/GM for Japan   

NetSuite appointed Tomoyuki Nakanishi as its VP and GM for Japan. In this role, Nakanishi is charged with driving the business growth and operational strategy in Japan. Prior to NetSuite Tomoyuki was with Apple where he was responsible for driving the transformation of the Enterprise Partner business for Apple in Japan.

SS&C Technologies Announces Executive Changes 

SS&C Technologies Holdings named Dave Welling and Robert Roley as co-heads of SS&C Advent. The appointments balance continuity in key positions with the elevation of the next generation of leaders. SS&C also announced Pete Hess, SVP and GM, will be leaving SS&C Advent at the end of June 2016.

SS&C Technologies appointed Rainer Fuchsluger as the MD, Asia for the company's Institutional and Investment Management business. Fuchsluger brings more than 12 years of experience in regional sales and operational management roles in Asia working for leading financial services providers including Thomson Reuters and Interactive Data. He has served from multiple locations in Asia including Hong Kong, Singapore, Manila, and Tokyo.

Keysight Technologies Plans to Launch Keysight Software Development Center; Appoints Leader

Keysight Technologies and the Georgia Institute of Technology (Georgia Tech) announced a plan to launch a Keysight software development center to accelerate Keysight’s transformation into a software-centric solutions provider. Todd Cutler, VP and GM, Keysight Software Products Organization (SPO) and EEsof Electronic Design Automation, will relocate from Santa Rosa to Atlanta to lead the new software development center.

athenahealth Appoints former Amazon CFO to its Board; Bifurcates Chief Financial and Chief Administrative functionsTom Szkutak

athenahealth appointed Tom Szkutak, former Amazon.com CFO, to its Board of Directors. Szkutak served as SVP and CFO at Amazon.com from October 2002 to June 2015. Prior to Amazon, he spent 20 years with General Electric.

As athenahealth bifurcates the Chief Financial and Chief Administrative functions. Kristi A. Matus, EVP and Chief Financial and Administrative Officer (CFAO) of the company, announced her intention to step down, to pursue new challenges. The company appointed Karl Stubelis, to serve as the company's SVP and CFO. Stubelis has served as the company's VP and Corporate Controller, Chief Accounting Officer, Treasurer, interim CFO. Prior to joining the company, he served as VP, corporate controller, and chief accounting officer at Sapient Corporation.

Software AG Appoints Former CA Exec as VP, Alliances and Channels       

Software AG appointed Laura McCluer to the position of VP, Alliances and Channels. She is former Director, Global Partnerships and Alliances of ANCILE Solutions and former VP, Service Provider Solutions Unit of CA Technologies.

Blackbaud EVP to Retire by Next Year         

Blackbaud Inc. announced that Charles T. Cumbaa, EVP of Corporate & Product Strategy, will retire from the company. In the interim, Cumbaa will continue in his current position and will assist management with the transition of his responsibilities.

Tech Data Launches Security and Information Management BU; Appoints Leader

Tech Data launched its Security and Information Management business unit, which includes the company’s software and network security vendor portfolios, to its channel of solution providers throughout the Americas. The new business unit will be led by company veteran Tracy Holtz, who was recently appointed director, Product Marketing, Security and Information Management.

Pegasystems Names CFO From Dynatrace   

Pegasystems appointed Ken Stillwell, 45, as CFO and chief administrative officer. He joins Pegasystems from Dynatrace where he served as SVP and CFO. Prior to Dynatrace, he was EVP and CFO at SOVOS.

EMC Execs Join CommVault Systems

Data and information management software firm CommVault Systems Appoints Mark Velthuis as VP of Indirect Business for Asia Pacific and Japan. Leading the newly unified indirect overlay business for the region, Velthuis joins Commvault from EMC, bringing almost two decades of experience in the technology solutions industry. Velthuis has held a number of senior-level leadership positions for both blue chip and start-up companies,

CommVault Systems appointed Mark Velthuis as VP of Indirect Business including Axiom, BT, Whittman-Hart /marchFIRST, and Boer & Croon Strategy and Management Group. He was most recently Senior Director, Strategic Alliances for EMC, where he led the Market Development team across the region and worked closely with service providers, system integrators and consultants to create new markets and value propositions.

Progress Promotes VP, Engineering as Chief Transformation Officer         

Progress appointed Faris Sweis to the newly-established role of Chief Transformation Officer. In this new role, Sweis will work closely with the Progress product organization to craft and deliver on the strategic technological direction and lead the internal digital transformation effort. Previously, Sweis served as Chief Technical Officer for Telerik, acquired by Progress in December 2014, and was subsequently appointed VP of Engineering for Progress. Sweis joined Telerik in 2010, when it acquired ArtOfTest, which he co-founded and served as CTO. Sweis has also served as a software architect and consultant for Microsoft and Dell.

Mathew Robinson resigned as its CTO to enroll in the Stanford Graduate School of Business.

Imperva Appoints Regional VP of EMEAfrom Kaseya

Imperva appointed Spencer Young to the position of Regional VP of EMEA. Young joins Imperva from IT systems management leader Kaseya, where as a member of the executive team he served as SVP of International Field Operations, responsible for the EMEA and APAC regions.

Basware Appoints Aspen Exec as Global Sales SVPPaul Taylor  

Paul Taylor has been appointed as SVP, Global Sales and as a member of the Executive Team at Basware. Prior to Basware, Taylor was SVP, International Sales at Aspen Technology. He has over 25 years of extensive leadership experience in enterprise software sales, with specific domain expertise in telecommunications, e-commerce and process industries.

Epiq Announces Board Changes as Epiq and Villere Enter Settlement Agreement  

Epiq announced that it has reached an agreement with St. Denis J. Villere & Company, regarding the composition of the Company's Board of Directors and other matters including a resolution of a potential proxy contest and dismissal of the litigation pending between the companies. Under the terms of the agreement, Epiq will appoint Jeffrey Galgano, Barry LeBlanc and Gregory Share to its slate of directors for the 2016 annual meeting of shareholders, and three Epiq directors will retire from the Board effective December 31, 2016. 

Date Range: May 14th - June 20th

Digital Media Board & Management Changes to Note: Facebook, Twitter, Shutterfly & More

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Facebook Appoints Couple of Geographic LeadersUmang Bedi

Facebook has appointed Umang Bedi as MD, India. Bedi will lead in building and maintaining strategic relationships with top clients and regional agencies in the country. He will take over from Kirthiga Reddy, who will be returning to United States to take on a new role at the company's headquarters at Menlo Park. Prior to joining Facebook, Bedi was the MD of the South Asia region at Adobe. 

Facebook has appointed Shant Oknayan as head of e-commerce, retail and online services at Facebook in the Middle East, North Africa and Pakistan. He formerly led Google's market development for small and medium-sized businesses in the Middle East and North Africa.

Twitter Sees Multiple Board and Leadership Shuffles           

Twitter announced that the Board of Directors has appointed Debra L.  Lee, 60, Chairman and CEO of BET Networks, he parent company for Black Entertainment Television, to serve as a Board member. She served as the COO and President of Black Entertainment Television LLC since 1996.

Additionally, the Board has appointed Marjorie Scardino, 69, as lead independent director, effective following Twitter's 2016 Annual Meeting. She succeeds Peter Currie in the role, whose term will end following the Annual Meeting. Scardino is the former CEO of Pearson PLC.

Twitter appointed Mark Little as the new MD of Twitter in Ireland. The former RT broadcaster, who left Storyful in June 2015, has taken up the role with current chief Stephen McIntyre leaving the company. He has previously worked as RTÃ 's Washington correspondent and left the State broadcaster in 2009.

Twitter announced that its two executives are leaving. The two executives, Jana Messerschmidt and Nathan Hubbard, led business development and media and commerce, respectively. Messerschmidt had been at the company for six years, and Hubbard had worked since August 2013 on the company's media and commerce strategies. In their place, Twitter will appoint Ali Jafari, who leads the company's video advertising product, to take over both roles.

TripAdvisor Appoints VP, Global Partnerships          

TripAdvisor appointed Stephanie Kauffman to the position of VP, global partnerships. Kauffman most recently was the chief communications and engagement officer for the Breast Cancer Research Foundation (BCRF), the private funder of breast cancer research. Earlier, she was SVP, Global Alliances, Universal Partnerships & Licensing, Universal Studios at Universal Pictures.

58.com Announces Board Changes    

58.com announced that Dong Yang has tendered his resignation as a director on the board of directors. Yang has served as 58.com's Director since August 2006. Yang is a general partner at SAIF Partners, a private equity firm.

Yandex Approves Interim Chair to Permanent Chair Role    

Yandex N.V., the Russia based search engine provider, elected John Boynton, previously interim chairman, as chairman of the Board. Boynton is the president of Firehouse Capital, a privately held investment company with investments in a variety of early stage companies. He also serves on the boards of several non-profit organizations.

Ingenico ePayments Appoints Netherlands Based Exec as GM, Asia Pacific

Ingenico ePayments appointed Nick Tubb as GM, Asia Pacific. Tubb was most recently VP of Professional Services with Ingenico ePayments, part of the Ingenico Group, in the Netherlands. Prior to that, he spent 12 years within the commercial forex industry, leading business acquisition and growth teams in the UK, US and Australia.

Match Group Hires Senior Political and Media Strategist as VP, Public Affairs; Appoints CEO for Dating Site Subsidiary       

Match Group hired senior political and media strategist Matt David as VP, Public Affairs. David comes to Match Group from Outside Eyes where he was managing partner focused on public affairs and corporate positioning. He has also been a part of the last four presidential elections serving in various campaign roles for President Bush, Senator McCain, Governor Huntsman, and Governor Kasich.

Elie Seidman has joined as CEO of OkCupid. Most recently, he served as Chief Revenue Officer at BorrowersFirst. Michael Maxim, current CEO of OkCupid, will move to the role of ongoing advisor.

Criteo Opens a New Office in New Delhi; Appoints MD of India    

Digital marketing firm Criteo has announced the opening of a new office in New Delhi and the appointment of Ajeet Kandachar as MD of India, to lead the business in one of its large strategic growth markets globally. Kandachar joins Criteo from Vizury, where he was responsible for growing the business throughout the Asia-Pacific region. Kandachar's experience also includes various sales and business development positions in India.

Amaya Announces Board Changes     David Lazzarato

Web editor Amaya’s board member Paul McFeeters, 60, has resigned. The board intends to appoint David Lazzarato, 59, as a director to replace McFeeters. Lazzarato served as a member of the board of directors and chair of the audit committee of Yellow Pages since December 2012 and was SVP, Finance at Bell Canada in 2010 and 2011.

CEO David Baazov and CFO Daniel Sebag have announced the company's board they won't stand for re-election as directors. Both have been long-standing members of Amaya’s board. Baazov has been with the company since 2006 and Sebag since 2007. The board is actively engaged in identifying suitable director candidates with competencies that complement those of Amaya's existing directors.

Zynga Names EA Exec as President of Publishing   

Zynga has appointed Bernard Kim as President of Publishing. Kim, 40, is a mobile gaming and interactive entertainment veteran with more than 15 years of experience. He spent nearly 10 years at Electronic Arts, most recently as the company's SVP of Mobile Publishing.

Cardtronic Replaces General Counsel

Cardtronics announced that Roger Craig has been named as General Counsel and Secretary. Craig replaces Michael Keller, who has announced his retirement. Keller, having served as general counsel since 2001, will assist in a smooth transition and will continue on as an advisor for Cardtronics. Craig joins Cardtronics from Axcess Financial Services where he served as SVP, chief legal officer, and chief compliance officer and secretary.

Shutterfly Chair to Step Down; Appoints Interim Chair        

Shutterfly announced that Philip Marineau will resign as chairman and from Shutterfly’s Board of Directors following the company’s annual shareholder meeting. Brian Swette, governance committee chair, will serve as interim chairman.

Sohu.com Announces Executive Changes     

China based online media, search and game service company Sohu.com’s President and CFO Carol Yu will retire. The Company will retain Ms. Yu as a consultant for a transition period from August through the end of 2016. The Company has appointed Joanna Lv to assume the position of acting CFO. Lv joined Sohu in August 2000. She is currently the Senior Finance Director, in charge of day-to-day finance operations.

Shutterstock Appoints David Giambruno as CIO, Effective No Later Than June 20, 2016   

Stock photography, stock footage, stock music, and editing tools provider Shutterstock hired David Giambruno as its CIO. He is former SVP & CIO of Tribune Media.

Box Announces Resignation of EVP, Worldwide Field Operations   Graham Younger

Graham Younger, 46, EVP, worldwide field operations of Box since February 2014, resigned from his position. From August 2011 to February 2014, Younger was employed by SuccessFactors, where he served as SVP and GM, Global Sales.

Neustar Taps DocuSign Security Exec         

Neustar, the neutral provider of real-time cloud-based information & analysis, reported that Tom Pageler, has been appointed Chief Risk Officer (CRO) and Chief Information Security Officer (CISO). Prior to Neustar, Pageler served as CRO and CISO at DocuSign. Prior to that, he served as Deputy CISO, JPMorgan Chase; and Head of Risk Assessments and Director of Emerging Risk and Fraud Control, Visa.

Yirendai Appoints COO and CTO     

Yirendai, a leading online consumer finance marketplace in China, appointed Yang Cao to the positions of COO and CTO of the company. Prior to joining Yirendai, Cao was the GM of Asia-Pacific operations at xAd. Cao also served as CTO of WhitePages and held technology executive positions at TokBox and StarCite.

Web.Com Group Witnesses Series of Executive Appointments         

Web.com Group appointed Steve Power as EVP of Brand Networks. Steve Power was most recently President of Yodle Brand Networks. Power joined Yodle in 2015, and prior to that he held roles like President of Bigcommerce and Chief Sales Officer of ReachLocal.

Vikas Rijsinghani, has appointed as EVP of Premium Services. Rijsinghani joined Web.com in 2007 through the merger with Website Pros. Rijsinghani has served in a variety of roles at Web.com including CTO and SVP of Online Marketing.

Faisal Chughtai has appointed as EVP of Retail, Domains and International. Chughtai joined Web.com in 2014 as SVP of International. Prior to that, Chughtai was an Internet and Digital Media investment banker with J.P. Morgan and RBC Capital Markets.

Dafna Sarnoff has appointed as SVP of Corporate Marketing. Sarnoff was most recently SVP of Consumer & Product Marketing at Yodle.

Angela Dunham has appointed as SVP of Program Management & Sales and Service Operations. Dunham was most recently SVP of Program and Performance Management at Yodle.

Jason Teichman, the COO of Web.com, will be leaving the company to pursue other opportunities.

MakeMyTrip Appoints VP of Investor Relations       

Indian online travel company MakeMyTrip has appointed Jonathan Huang to VP - Investor Relations. Huang has 10 years of extensive corporate investor relations & treasury experience with companies in the travel and digital media industry, including Hertz Global Holdings, MakeMyTrip and Avid Technology.

TrueCar Names SVP of Dealer Marketing and Operations   

TrueCar has added automotive retail veteran Paul Edmonds as SVP of dealer marketing and operations to help dealers across the TrueCar Certified Dealer network gain maximum value from the service. Edmonds comes to TrueCar from RiskIQ, where he built and led customer success teams. Prior to that, he spent 15 years in various roles at AutoTrader.com and Trader Publishing Company.

WebMD Health Services Appoints Sanofi Exec as Chief Medical Officer     

WebMD Health Services appointed Michael Sokol, MD, M.S. as chief medical officer. A seasoned physician leader, Dr. Sokol will oversee an advisory panel of leading researchers and clinicians focused on driving continued innovation and wellness solutions for customers' employees and health plan participants. Prior to joining WebMD Health Services, Dr. Sokol was VP, employee wellness and chief wellness officer at Sanofi.

Angie’s List’s New SVP of Partnerships if Former Catalina Veteran 

Angie’s List appointed Marla Thompson as SVP of Partnerships. Thompson comes to Angie’s List after 14 years with Catalina, where she had most recently served as SVP, U.S. Strategy. In this role, she drove strategic alignment among Sales, Marketing, Product, Technology and Operations.

Date Range: May 14th - June 20th

Telecom Products Leadership Moves: Ciena, RingCentral & Others

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Comcast Cable Appoints President, Technology and Product and CTO

Comcast Cable promoted Tony Werner to President, Technology and Product, and Sree Kotay to CTO. In his new role, Werner will continue to oversee all aspects of the Technology and Product organization, including innovation, development and operations. The Technology and Product team leads the design and development of Comcast's customer-facing products, software development, systems engineering, next-generation access networks, cloud computing and technical operations. 

Kotay, Comcast's new CTO, joined Comcast in 2007 as Chief Software Architect. Kotay will take on an expanded role, leading Comcast's software and technology strategy, particularly as it relates to new customer-facing products and services, including advanced video and Internet. Mr. Kotay will also now oversee Comcast Innovation Labs Comcast's advanced research and development group as well as overseeing the integration of quality engineering into all aspects of product development.

Verifone Systems CTO Resigns        

Verifone Systems announced the resignation of Alok Bhanot as EVP and CTO. Bhanot's responsibilities will be shared by Paul Galant, CEO, Glen Robson, EVP, Global Terminal Solutions and Marc Rothman, CFO.

HTC Announces CFO Changes     Peter Shen    

HTC Corporation announced that resignation of Chialin Chang, 48, as CFO and Company Spokesperson. The board appointed Peter Shen as CFO and Company Spokesperson. Chang was earlier President of Global Sales since December 17, 2013 until June 20, 2016.

Shen is former VP & CFO of Inotera Memories, a JV of Micron Technology. Prior to joining Inotera, he was the Senior Financial Controller at Jabil Circuit.

Ciena Appoints Ericsson Exec as MD for Australia and New Zealand         

Ciena appointed Matt Vesperman as MD for Australia and New Zealand. Before re-joining Ciena, Vesperman most recently as a senior account director at Ericsson and as VP of sales at Openwave Mobility.

RingCentral Makes Series of Executive Appointments  Carson Hostetter       

Cloud-based phone systems provider RingCentral announced that Carson Hostetter, formerly VP of Sales at Avaya, joins RingCentral as VP of Enterprise Sales. David Marler, formerly in leadership positions at ShoreTel and CA Technologies, joins RingCentral as VP of Customer Success; and Chuck Emmette, also a former Avaya VP, joins as Head of Professional Services.

Date Range: May 14th - June 20th

Giant Tech Companies Leadership Moves: Facebook, PayPal, Symantec & Many More

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Facebook Appoints New Leader for Infrastructure Connectivity and Investments; Names Geographic LeadersKevin Lo

Facebook has hired Kevin Lo, the former GM for Google Fibre, as its new director of infrastructure connectivity and investments. The appointment shows Facebook is expanding its Internet connectivity plans as Lo will work with Facebook's external partnerships, such as the fibre-optic cable deal Facebook made with Microsoft, which aims to provide stronger Internet connectivity to densely populated urban areas. 

Facebook has appointed Umang Bedi as MD, India. Bedi will lead in building and maintaining strategic relationships with top clients and regional agencies in the country. He will take over from Kirthiga Reddy, who will be returning to United States to take on a new role at the company's headquarters at Menlo Park. Prior to joining Facebook, Bedi was the MD of the South Asia region at Adobe.

Shant Oknayan joined as head of e-commerce, retail and online services at Facebook in the Middle East, North Africa and Pakistan. He formerly led Google's market development for small and medium-sized businesses in the Middle East and North Africa.

AT&T Appoints Redpoint Ventures Co-Founder to its Board of DirectorsGeoffrey Yang     

AT&T has appointed Geoffrey Yang, 56, to its Board of Directors. Geoff co-founded Redpoint in 1999 and has backed trailblazing consumer Internet companies from the earliest stages that include Ask Jeeves, Excite, MySpace, and TiVo. He has been involved in Redpoint’s investments in Arista, Bluefin, Calix, Efficient Frontier, Foundry, Juniper Networks, and Victorious. He was previously a member of the President’s Information Technology Advisory Committee and the advisory council for the Stanford Graduate School of Business. He currently serves on the board of Electric Imp, Machinima, Scribd, TasteMade, Tidemark, and Vurb.

SAP Appoints Concur Exec as President to Lead Team Offering Solutions for SMBs

SAP appointed Barry Padgett as new president of the SAP® Business One, SAP Anywhere, and SAP Business ByDesign® teams. He steps into the role having held various leadership positions since 1997 at Concur Technologies, including serving as Concur's chief product officer since 2014.

Accenture Announces Series of Executive Changes      

Accenture appointed Debra (Debbie) A. Polishook as group chief executive – Accenture Operations, succeeding Michael (Mike) J. Salvino, who will retire from the company and join Carrick Capital Partners. Polishook is currently group operating officer for Accenture Operations.

Accenture named Manish Sharma group operating officer – Accenture Operations, succeeding Ms. Polishook. Sharma, based in Bangalore, India, is currently senior MD – Global Delivery & Solution Development for Accenture Operations. In his new role as group operating officer – Accenture Operations, Sharma will continue as a member of Accenture’s Global Leadership Council.

Accenture announced Kelly Bissell is joining the company to lead Accenture Security. Bissell brings extensive knowledge of the cyber security landscape and comes to Accenture from Deloitte & Touche, where he headed up global Cyber Risk for the firm. During his career, he has served in almost every IT capacity from developer, network engineer, data center director, CISO, CTO and CIO.

Texas Instruments Elects Retired PwC Veteran to the Board of Directors     

Texas Instruments elected Jean Hobby to the Board of Directors of the company. While at PricewaterhouseCoopers, Ms. Hobby, 55, served as strategy officer from 2013 until retirement in 2015. Earlier positions there included U.S. sector lead for the firm's multi-billion dollar Technology, Media and Telecom practice from 2008 to 2013, and CFO from 2005 to 2008. She currently serves on the board of Greatbatch.

Adobe Hires CIO from NetApp; Names MD for South Asia     

Adobe named Cynthia Stoddard as SVP and CIO. Most recently, she was CIO and SVP at data storage and management company NetApp, where she led the company's traditional IT functions while also expanding focus on innovation, customer-facing programs and strategic partnerships.

Adobe has elevated Kulmeet Bawa to MD for South Asia, taking over from Umang Bedi, who is leaving the company after five years of service. Bawa currently serves as Head of Sales for Adobe in India. Shanmugh Natarajan, Executive Director for Adobe India and VP Engineering, Digital Media, will continue to provide Site Leadership to Adobe India with a key focus on important research and development operations.

PayPal Promotes APAC Tech Exec as MD and Country Manager for India  

PayPal has appointed Anupam Pahuja as MD and country manager for India. Prior to his elevation, Pahuja was the technology head in the Asia-Pacific region at PayPal. He was worked with the company for over six years and was instrumental in establishing their technology centers in India. He worked as MD for India for SumTotal Systems, before joining the company.

Nokia Announces New Leaders for APJ Market and India      

Nokia has promoted India head Sandeep Girotra as the head of Asia-Pacific and Japan market, and named Sanjay Malik as the new head of the country. Malik, who is currently serving Nokia as the VP and head of global network implementation services, which is a part of the company's Global Services business, will assume the responsibility from August 1, 2016. Girotra is currently overseeing the combined company's customer operations across India, driving the execution of strategy and ensuring customer service.

CSC and Hewlett Packard Enterprise Announce Executive Appointments for New Company        

CSC announced that its Board of Directors has unanimously approved a plan to merge the company with the Enterprise Services segment of Hewlett Packard Enterprise. The merger is expected to be completed by the end of March 2017, subject to shareholder and regulatory reviews and approvals. Following completion of the transaction, Mike Lawrie, who currently serves as chairman, president and CEO of CSC, will become chairman, president and CEO of the new company.

Meg Whitman, HPE’s president and CEO, will join the new company’s Board of Directors, which will be split equally between nominees of CSC and HPE.

CSC’s current CFO, Paul Saleh, will continue in that role after the transaction closes.

Mike Nefkens, the current EVP and GM of HPE Enterprise Services, will report to Lawrie and will become a key part of the new company’s executive team. Other executives and directors, as well as the name of the company, will be announced at a later date.

eBay Appoints Lyft Co-Founder as Newest Board Member     Logan Green

eBay appointed Logan Green as a new member of the company's Board of Directors. Prior to co-founding Lyft in 2012, Green founded Zimride, a rideshare program that was initially implemented at Cornell University.  Before that, he created the first car-share program at the University of California, Santa Barbara, and served on the board of the Santa Barbara Metropolitan Transit District. Green serves on the Board of Lyft.

Yahoo Japan Chairman Retires     

Yahoo Japan’s Chairman of the Board of Directors Nikesh Arora has retired. Nikesh Arora, a former Google executive, was the President & COO of SoftBank from October 2014 until June 2016.

NVIDIA Witnesses Executive Change     

David M. Shannon, EVP, Chief Administrative Officer and Secretary informed NVIDIA, engaged in visual computing, that he will retire at the end of the calendar year 2016. The company's current SVP and General Counsel, Brian E. Cabrera will lead the legal team.

IDEO Partner Resigns from Fiserv’s Board

Christopher M. Flink, 44, resigned from the board of directors of Fiserv in connection with new employment. Flink is a partner at the innovation and design firm IDEO and consulting associate professor at Stanford University. With more than 15 years of experience in business innovation and design, Flink has served as a Director since 2012.

Electronic Arts Appoints CEO of Blackhawk Network to Its Board

Electronic Arts appointed Talbott Roche, 49, to EA’s Board of Directors. Roche is the CEO and President of Blackhawk Network. Prior to her role as CEO, Roche served as the President of Blackhawk, as well as leading Marketing, Product and Business Development for the company.

Expedia Elects Film and Theatrical Producer to Fill a Newly-Created Directorship

Expedia expanded the size of the Board from thirteen to fourteen members and elected Scott Rudin, 57, to fill the newly-created directorship. Rudin is an American film producer and a theatrical producer. Rudin began his career in the entertainment industry in the 1970s, and since then has served in a variety of roles, including as founder and principal of Scott Rudin Productions and as a senior executive at Twentieth Century Fox.

Capgemini Group Makes Management Reshuffle         

Capgemini Group announced executive appointments: Patrick Nicolet, formerly Head of the Infrastructure Services business, continues to be a member of the Group Executive Board, in charge of the newly created Competitiveness central department that encompasses Delivery, Industrialization and Procurement. Patrick also now oversees Capgemini's India operations.

In addition to the global Financial Services business, Thierry Delaporte now oversees Capgemini's Latin America operations. He has joined the Group Executive Board.

Aruna Jayanthi, formerly Head of Capgemini in India, has taken charge of a new global Business Services unit which combines Capgemini's BPO organization and IGATE 's Integrated Technology and Operations Solution (ITOPs) business. Aruna remains on the Group Executive Committee.

Srinivas Kandula, formerly Chief People Officer at IGATE, has replaced Aruna as Head of Capgemini in India and has thus joined the Group Executive Committee.

Srikanth Iyengar, who was leading Europe & Australia at IGATE, is now Capgemini's Group Sales Director and has become a member of the Group Executive Committee. He replaces Paul Nannetti who now leads the Cloud Infrastructure Services business.

Dee Burger, formerly Head of Capgemini Consulting's North America operation, is now in a new Group role as Head of Digital Services and has joined the Group Executive Committee.

Finally, Virginie Regis has succeeded Philippe Grangeon as Group Marketing & Communications Director and has joined the Group Executive Committee. Philippe Grangeon has taken on the role of special advisor to the Chairman and CEO, Paul Hermelin.

CA Sees Principal Accounting Officer Replacement

CA elected Anthony J. Radesca as the company's principal accounting officer. Radesca, 47, has served as the company's VP of Accounting since June 2008. He brings 25 years of experience in both Public and Corporate Accounting to his new role. Radesca is a NeVPw York State Licensed Certified Public Accountant. Radesca will succeed Neil A. Manna, who resigned as the Company's principal accounting officer to pursue another opportunity.

Alcatel-Lucent Splits Chair-CEO Structure         

Marc Rouanne has been appointed as Chairman of the Board and Olivier Durand as CEO of the company. The Board of Directors acknowledged the expiration of the term of Philippe Camus as Chairman and CEO of the company, and decided to distinguish the positions of Chairman of the Board and CEO.

Marc Rouanne remains Chief Innovation and Operating Officer of Nokia Corporation, as Alcatel-Lucent has joined Nokia following successful exchange of shares, creating an innovation leader in next-generation technology and services for an IP connected world.

Olivier Durand's current employment contract as Group CFO will be suspended. Durand has spent over 18 years within the Alcatel-Lucent Group.

Symantec to Acquire Blue Coat; Blue Coat CEO to Take Over as Symantec CEO  

Symantec and Blue Coat announced that they have entered into a definitive agreement under which Symantec will acquire Blue Coat for approximately Greg Clark$4.651 billion in cash. In connection with this investment, David Humphrey, a MD of Bain Capital Private Equity, will be appointed to Symantec’s Board of Directors, effective at the close of the transaction.

Greg Clark, CEO of Blue Coat, will be appointed CEO of Symantec and join the Symantec Board upon closing of the transaction. Greg Clark has served as the CEO of Blue Coat and as a member of the company’s board of directors since September 2011. Prior to joining, Clark was president and CEO of Mincom, from 2008 to August 2011.

Twitter Sees Multiple Board and Leadership Shuffles           

Twitter announced that the Board of Directors has appointed Debra L.  Lee, 60, Chairman and CEO of BET Networks, he parent company for Black Entertainment Television, to serve as a Board member. She served as the COO and President of Black Entertainment Television LLC since 1996.

Additionally, the Board has appointed Marjorie Scardino, 69, as lead independent director, effective following Twitter's 2016 Annual Meeting. She succeeds Peter Currie in the role, whose term will end following the Annual Meeting. Scardino is the former CEO of Pearson PLC.

Twitter appointed Mark Little as the new MD of Twitter in Ireland. The former RT broadcaster, who left Storyful in June 2015, has taken up the role with current chief Stephen McIntyre leaving the company. He has previously worked as RTÃ 's Washington correspondent and left the State broadcaster in 2009.

Twitter announced that its two executives are leaving. The two executives, Jana Messerschmidt and Nathan Hubbard, led business development and media and commerce, respectively. Messerschmidt had been at the company for six years, and Hubbard had worked since August 2013 on the company's media and commerce strategies. In their place, Twitter will appoint Ali Jafari, who leads the company's video advertising product, to take over both roles.

Date Range: May 18th - June 27th

New Directors on Tech Boards: AT&T, CSC, eBay & Others

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AT&T Appoints Redpoint Ventures Co-Founder to its Board of Directors  Geoffrey Yang   

AT&T has appointed Geoffrey Yang, 56, to its Board of Directors. Geoff co-founded Redpoint in 1999 and has backed trailblazing consumer Internet companies from the earliest stages that include Ask Jeeves, Excite, MySpace, and TiVo. He has been involved in Redpoint’s investments in Arista, Bluefin, Calix, Efficient Frontier, Foundry, Juniper Networks, and Victorious. He was previously a member of the President’s Information Technology Advisory Committee and the advisory council for the Stanford Graduate School of Business. He currently serves on the board of Electric Imp, Machinima, Scribd, TasteMade, Tidemark, and Vurb.

Texas Instruments Elects Retired PwC Veteran to the Board of Directors     

Texas Instruments elected Jean Hobby to the Board of Directors of the company. While at PricewaterhouseCoopers, Ms. Hobby, 55, served as strategy officer from 2013 until retirement in 2015. Earlier positions there included U.S. sector lead for the firm's multi-billion dollar Technology, Media and Telecom practice from 2008 to 2013, and CFO from 2005 to 2008. She currently serves on the board of Greatbatch.

CSC and Hewlett Packard Enterprise Announce Executive Appointments for New Company       

CSC announced that its Board of Directors has unanimously approved a plan to merge the company with the Enterprise Services segment of Hewlett Packard Enterprise. The merger is expected to be completed by the end of March 2017, subject to shareholder and regulatory reviews and approvals. Following completion of the transaction, Mike Lawrie, who currently serves as chairman, president and CEO of CSC, will become chairman, president and CEO of the new company.

Meg Whitman, HPE’s president and CEO, will join the new company’s Board of Directors, which will be split equally between nominees of CSC and HPE.

eBay Appoints Lyft Co-Founder as Newest Board Member     

eBay appointed Logan Green as a new member of the company's Board of Directors. Prior to co-founding Lyft in 2012, Green founded Zimride, a rideshare program that was initially implemented at Cornell University.  Before that, he created the first car-share program at the University of California, Santa Barbara, and served on the board of the Santa Barbara Metropolitan Transit District. Green serves on the Board of Lyft.

Yahoo Japan Chairman Retires     Nikesh Arora

Yahoo Japan’s Chairman of the Board of Directors Nikesh Arora has retired. Nikesh Arora, a former Google executive, was the President & COO of SoftBank from October 2014 until June 2016.

IDEO Partner Resigns from Fiserv’s Board

Christopher M. Flink, 44, resigned from the board of directors of Fiserv in connection with new employment. Flink is a partner at the innovation and design firm IDEO and consulting associate professor at Stanford University. With more than 15 years of experience in business innovation and design, Flink has served as a Director since 2012.

Electronic Arts Appoints CEO of Blackhawk Network to Its Board

Electronic Arts appointed Talbott Roche, 49, to EA’s Board of Directors. Roche is the CEO and President of Blackhawk Network. Prior to her role as CEO, Roche served as the President of Blackhawk, as well as leading Marketing, Product and Business Development for the company.

Expedia Elects Film and Theatrical Producer to Fill a Newly-Created Directorship

Expedia expanded the size of the Board from thirteen to fourteen members and elected Scott Rudin, 57, to fill the newly-created directorship. Rudin is an American film producer and a theatrical producer. Rudin began his career in the entertainment industry in the 1970s, and since then has served in a variety of roles, including as founder and principal of Scott Rudin Productions and as a senior executive at Twentieth Century Fox.

Alcatel-Lucent Splits Chair-CEO Structure         

Marc Rouanne has been appointed as Chairman of the Board and Olivier Durand as CEO of the company. The Board of Directors acknowledged the expiration of the term of Philippe Camus as Chairman and CEO of the company, and decided to distinguish the positions of Chairman of the Board and CEO.

Marc Rouanne remains Chief Innovation and Operating Officer of Nokia Corporation, as Alcatel-Lucent has joined Nokia following successful exchange of shares, creating an innovation leader in next-generation technology and services for an IP connected world.

Olivier Durand's current employment contract as Group CFO will be suspended. Durand has spent over 18 years within the Alcatel-Lucent Group.

Symantec to Acquire Blue Coat; Blue Coat CEO to Take Over as Symantec CEO  

Symantec and Blue Coat announced that they have entered into a definitive agreement under which Symantec will acquire Blue Coat for approximately $4.651 billion in cash. In connection with this investment, David Humphrey, a MD of Bain Capital Private Equity, will be appointed to Symantec’s Board of Directors, effective at the close of the transaction.

Greg Clark, CEO of Blue Coat, will be appointed CEO of Symantec and join the Symantec Board upon closing of the transaction. Greg Clark has served as the CEO of Blue Coat and as a member of the company’s board of directors since September 2011. Prior to joining, Clark was president and CEO of Mincom, from 2008 to August 2011.

Twitter Sees Multiple Board Shuffles           Debra L. Lee

Twitter announced that the Board of Directors has appointed Debra L.  Lee, 60, Chairman and CEO of BET Networks, he parent company for Black Entertainment Television, to serve as a Board member. She served as the COO and President of Black Entertainment Television LLC since 1996.

Additionally, the Board has appointed Marjorie Scardino, 69, as lead independent director, effective following Twitter's 2016 Annual Meeting. She succeeds Peter Currie in the role, whose term will end following the Annual Meeting. Scardino is the former CEO of Pearson PLC.

athenahealth Appoints former Amazon CFO to its Board

athenahealth appointed Tom Szkutak, former Amazon.com CFO, to its Board of Directors. Szkutak served as SVP and CFO at Amazon.com from October 2002 to June 2015. Prior to Amazon, he spent 20 years with General Electric.

CSRA to Get New Chairman          

Mike Lawrie will resign as chairman and as a member of the board of CSRA, the company formed by the merger of CSC’s North American Public Sector business with SRA International. Lawrie joined CSC’s Board of Directors on February 7, 2012 and became President and CEO of the company on March 19, 2012. He was appointed Chairman of the company’s Board of Directors on December 15, 2015.

Nancy Killefer, who currently serves as CSRA's Lead Independent Director, has been elected to succeed Lawrie, pending her re-election to the board of directors at the annual meeting. Killefer is Director Emeritus at McKinsey & Company. She previously served as Assistant Secretary for Management and CFO to the U.S. Department of Treasury. She currently serves as Vice Chair on the Defense Business Board and is a member of the MyVA Advisory Committee. Killefer is a Director of the Advisory Board Company, Avon Products and Cardinal Health.

Fitbit Adds Two Women from Retail Industry to Board 

Fitbit, the physical activity monitoring gadget company, announced that Laura Alber, president and CEO of Williams-Sonoma, and Glenda Flanagan, EVP and CFO of Whole Foods Market, have joined the Fitbit board of directors.

Alber has served as the president and CEO of Williams-Sonoma since 2010, leading growth strategies and strengthening brand reputation for the company’s portfolio of multi-channel brands.

Since joining Whole Foods Market as CFO in 1988, Flanagan has played a major role in the development of the company from six stores in the late 1980s and going public in 1992, to 450 stores and more than $15 billion in sales today.

Dialog Semiconductor Appoints CEO of Vodafone Global Enterprise as Director

Dialog Semiconductor named Nick Jeffery to the company's Board of Directors. Jeffery has been CEO, Vodafone Global Enterprise since 2006. He joined Vodafone Group plc in 2004. He earlier served as Head of Worldwide Sales and Europe MD at Ciena, founded and led Microfone Limited in 2001, and begun his career at Cable & Wireless plc (Mercury Communications) in 1991, where he rose to lead the company's UK and international markets business units.

Shutterfly Chair to Step Down; Appoints Interim Chair        

Shutterfly announced that Philip Marineau will resign as chairman and from Shutterfly’s Board of Directors following the company’s annual shareholder meeting. Brian Swette, governance committee chair, will serve as interim chairman.

FormFactor Appoints Board Member in Conjunction with New Acquisition

FormFactor completed the acquisition of Cascade Microtech. In conjunction with this acquisition, FormFactor is appointing Ray Link to its board of directors. Link, formerly a member of the Cascade Microtech's board, brings his significant financial and operational management experience with publicly held companies in the technology sector. He also currently serves on the board of Electro Scientific Industries, and nLight.

Epiq Announces Board Changes as Epiq and Villere Enter Settlement Agreement  

Epiq announced that it has reached an agreement with St. Denis J. Villere & Company, regarding the composition of the Company's Board of Directors and other matters including a resolution of a potential proxy contest and dismissal of the litigation pending between the companies. Under the terms of the agreement, Epiq will appoint Jeffrey Galgano, Barry LeBlanc and Gregory Share to its slate of directors for the 2016 annual meeting of shareholders, and three Epiq directors will retire from the Board effective December 31, 2016. 

Vocera Communications Witnesses Board Member Replacement    

Vocera Communications, that provides mobile communication solutions for hospital staff and mobile workers across diverse enterprise organizations, announced that Mike Burkland, president and CEO of Five9, will join Vocera’s board of directors. Burkland joined Five9 as president and CEO in January 2008.

Burkland will take the place of departing board member Hany M. Nada, who joined the Vocera board in May 2003. It was previously announced that Nada, who has served on the board for more than 13 years, is retiring from his board role on June 1, 2016.

C4X Discovery Holdings Appoints Executive Chair as CEOClive Dix

C4X Discovery Holdings (C4XD) appointed Clive Dix as CEO. Clive joined C4XD as Non-Executive Chairman in October 2014 and became Executive Chairman in November 2015. Sam Williams, Non-Executive Director, will become Interim Chairman whilst a search for a new Chairman is undertaken.

Connecture Announces Board Changes     

Connecture, the company that provides web-based sales, service, and process automation solutions to the health insurance industry, finalized the previously announced $52 million investment led by Francisco Partners. In connection with the investment, Ezra Perlman, Co-President of Francisco Partners, has also joined Connecture’s Board of Directors.

Emerald Medical Applications Appoints Board Member       

Digital health startup Emerald Medical Applications Corp. appointed Professor Benad Goldwasser, an MD and a resident of the State of Israel, to its Board of Directors.

Dr. Perry Robins has joined the company's Medical Advisory Board. Dr. Robins is Professor Emeritus of Dermatology and was Chief of the Mohs Micrographic Surgery Unit at New York University Medical Center for over forty years.

Feedback Announces Chairman Changes      

Feedback plc announced the appointment of Dr. Alastair Riddell, 67, as Non-Executive Chairman. Dr. Riddell succeeds Tom Charlton, who becomes Deputy Chairman and who will step down from the board at the conclusion of the AGM which is likely to be held in November 2016. Dr. Riddell has over 30 years' experience in the pharmaceutical, life science and biotech industries. He is currently on the Board of three biotechnology companies; AzurRx Biotherapeutics, Cristal Therapeutics and Skyline Vet Pharma. He is also Chairman of the SWAHSN (South West Academic Health Science Network).

Date Range: May 18th - June 27th


Texas Instruments, EA, Twitter & More Tech Boards Appointing Female Board Members

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Texas Instruments Elects Retired PwC Veteran to the Board of Directors     Jean Hobby

Texas Instruments elected Jean Hobby to the Board of Directors of the company. While at PricewaterhouseCoopers, Ms. Hobby, 55, served as strategy officer from 2013 until retirement in 2015. Earlier positions there included U.S. sector lead for the firm's multi-billion dollar Technology, Media and Telecom practice from 2008 to 2013, and CFO from 2005 to 2008. She currently serves on the board of Greatbatch.

CSC and Hewlett Packard Enterprise Announce Executive Appointments for New Company       

CSC announced that its Board of Directors has unanimously approved a plan to merge the company with the Enterprise Services segment of Hewlett Packard Enterprise. Meg Whitman, HPE’s president and CEO, will join the new company’s Board of Directors, which will be split equally between nominees of CSC and HPE.

Electronic Arts Appoints CEO of Blackhawk Network to Its BoardTalbott Roche

Electronic Arts appointed Talbott Roche, 49, to EA’s Board of Directors. Roche is the CEO and President of Blackhawk Network. Prior to her role as CEO, Roche served as the President of Blackhawk, as well as leading Marketing, Product and Business Development for the company.

Twitter Sees Multiple Board Shuffles           

Twitter announced that the Board of Directors has appointed Debra L.  Lee, 60, Chairman and CEO of BET Networks, he parent company for Black Entertainment Television, to serve as a Board member. She served as the COO and President of Black Entertainment Television LLC since 1996.

Additionally, the Board has appointed Marjorie Scardino, 69, as lead independent director, effective following Twitter's 2016 Annual Meeting. She succeeds Peter Currie in the role, whose term will end following the Annual Meeting. Scardino is the former CEO of Pearson PLC.

CSRA to Get New Chairman          

Nancy Killefer, who currently serves as CSRA's Lead Independent Director, has been elected to succeed Mike Lawrie as Chairman, pending her re-election to the board of directors at the annual meeting. Killefer is Director Emeritus at McKinsey & Company. She previously served as Assistant Secretary for Management and CFO to the U.S. Department of Treasury. She currently serves as Vice Chair on the Defense Business Board and is a member of the MyVA Advisory Committee. Killefer is a Director of the Advisory Board Company, Avon Products and Cardinal Health.

Fitbit Adds Two Women from Retail Industry to Board Laura Alber

Fitbit, the physical activity monitoring gadget company, announced that Laura Alber, president and CEO of Williams-Sonoma, and Glenda Flanagan, EVP and CFO of Whole Foods Market, have joined the Fitbit board of directors.

Alber has served as the president and CEO of Williams-Sonoma since 2010, leading growth strategies and strengthening brand reputation for the company’s portfolio of multi-channel brands.

Since joining Whole Foods Market as CFO in 1988, Flanagan has played a major role in the development of the company from six stores in the late 1980s and going public in 1992, to 450 stores and more than $15 billion in sales today.

Date Range: May 18th - June 27th

Tech CEO Turnover in June - 118 Open Roles and 79 Appointments

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Detailed Version of Newsletter for month ended June 2016

Welcome to our CEO Turnover Newsletter. This newsletter covers open CEO roles and latest appointments in the tech sector in the month of June 2016.

Total Tech CEO Roles Open: 118  
New Tech CEO Appointments: 79 (3 women - 3.79%, 76 men)

New Technology CEO Stats 

New Tech CEO Openings: 18 – Sabre (TX), T-Mobile Netherlands (Netherlands), 3i Infotech (India), Ensogo (Hong Kong), Nexgram (Malaysia), Photon Control (Canada), Image Sensing Systems (MN), RiT Technologies (Israel), Spindle (AZ), VidWrx (Canada), Vogogo (Canada), Ubiquity (CA), Gateway Media (MO), Lavu (NM), HGS Colibrium (GA), Quikflo Health (Canada), chatAND (NY), and WordLogic (Canada).

CEOs Appointed

Sources of Appointments: 42 were External appointments, and 37 were internal promotions – Chair/Director (9), COO/President/EVP-Operations (5), CFOs (4), Divisional execs (4), Others (15).

Others:  founders, former execs, CFOs, CMOs, Sales Leaders, CTOs, Chief Strategy Officers, and Leaders from acquired companies, etc.

Diversity: 3.79% of the appointments are women CEOs. Verisma Systems (CO), ParaData (CA), and WegoWise (MA).

Geographic Distribution: 50 in North America, 13 in Europe, 12 in Asia/Russia, 1 in Latin America and 3 in Middle East/Africa.

The average and median times open CEO roles have been open are about 6 months, and there is little variance by continent.  The longest open searches are:

#1 -  TeleCity Group, London, UK - $529.6M, September 2014  
#2    Shanda Games Limited, China - $714M, November 2014  
#3 - Atmel Corporation, San Jose, CA -  $1.4B , May 2015
#4 -  Wi-LAN, Ottawa, Ontario - $98.3M, June 2015.     

Want to keep up to date? Get more updates on new board members (Tech execs on tech and non tech boards; women board members), on new execs/board updates for the Giants, the software industry, and many more. A summary of Vell Research Reports and board/exec updates can be found here. Vell Research Reports and Exec/board moves.

Dora Vell

Vell Executive Search
t: 617-530-1260 | dora@vell.com

Vell Executive Search is a retained executive search firm that specializes in recruiting technology execs for boards and executive roles, such as CEOs and C-Levels. Vell has built a reputation for recruiting talented high-performing leadership teams globally.  www.vell.com 

In this Edition

Tech Companies - CEO Roles Open
Tech Companies - CEO Roles Announced
Vell Research Reports and Summary Updates
Vell Executive Search Recent Placements
Vell Executive Search Team

You can subscribe to our Open Roles Newsletters and research reports.

Tech Companies: CEO Roles Open

 This is the detailed version of the Open CEO roles
 
The Priceline Group, Connecticut - $9.6B, June 2016
The Priceline Group announced that COO Brett Keller has been named Interim CEO of priceline.com. Paul J. Hennessy, who has acted as CEO of since 2015, has resigned to pursue an ecommerce opportunity outside of the travel space.
 
Sabre, Texas - $3.1B, June 2016
Sabre Corporation announced that Tom Klein, President and CEO, intends to resign. Klein will resign from the Board of Directors of the Corporation effective as of December 31, 2016.
 
Cypress Semiconductor, California, $1.81B, April 2016
Cypress Semiconductor Corp. announced that its CEO, T.J. Rodgers, will step down. In the interim, daily operational activities will be taken over by an Office of the CEO comprised of four current Cypress EVPs: Hassane El-Khoury (EVP, Programmable Systems Division), Dana Nazarian (EVP, Memory Products Division), Joe Rauschmayer (EVP, Manufacturing) and Thad Trent (CFO). Rodgers will remain on the Cypress Board and become a project leader working on key technical projects.
 
T-Mobile Netherlands B.V., Netherlands - $1.8B, June 2016
Deutsche Telekom announced a complete revamp of its management team at T-Mobile Netherlands. The new Dutch team will see its CEO named this summer, as the current CEO Mark Klein is leaving in September to join Ergo.
 
Atmel Corporation, San Jose, CA - $1.4B, May 2015   
Steven Laub, president and CEO of microcontroller vendor Atmel, plans to step down Aug. 31, according to the company. Atmel said its board will conduct a search for Laub’s successor. Both internal and external candidates will be considered.
 
Salt Mobile SA, Switzerland - $1.4B, December 2015    
Swiss mobile operator Salt CEO Johan Andsjo has resigned, with immediate effect. The board of directors has appointed Pierre-Alain Allemand as the company's interim CEO. Allemand has been at Salt since the recent change of ownership. A search for Andsjo's successor has been initiated.
 
Pelephone Communications, Israel - $1.03B, October 2015
Gil Sharon, CEO of Pelephone, announced that he was ending his tenure after ten years as CEO of the company, following his upcoming appointment as CEO of Discount Investment Corporation. Sharon will be leaving Pelephone in three months, after transitioning the role to his successor.
 
Black Box, Pennsylvania - $964.4M, December 2015     
Black Box Corporation announced that Michael McAndrew will be stepping down as the President and CEO of the company, effective upon the appointment of his successor. Mr. McAndrew will remain available to ensure a smooth transition. The Nominating & Governance Committee of the Board is in charge of succession planning and has engaged a national executive search firm to conduct an external search for candidates.
 
Xchanging plc, UK - $836.00M, January 2016
Ken Lever intended to retire from his role as CEO and from the Board of Xchanging plc. Ken Lever ceased be a Board Director and employee of the Company at the close of business on 31 December 2015.
 
Shanda Games Limited, China - $714M, November 2014  
Yingfeng Zhang has been appointed as acting CEO and the Board will begin a global search for a permanent successor.
 
Imation, Minnesota - $678M, October 2015
Imation announced that Bob Fernander, an existing member of the company’s Board of Directors, has been appointed as Interim CEO.
 
Kulicke and Soffa Industries, Singapore - $612M, October 2015     
Bruno Guilmart that he will step down as President, CEO and as a Director of the company effective immediately. The Board has named Jonathan H. Chou, Kulicke & Soffa’s SVP and CFO, to fill the role of interim CEO and it has formed a committee to conduct a search for a permanent successor among external and internal candidates.
 
TESSCO Technologies, Maryland, $530.7M , May 2016
TESSCO Technologies  announced launched a CEO succession plan and are now engaged in a search for a new CEO with experience in achieving superior profitable growth through innovative marketing, sales and productive operations. The company expects the new CEO to be hired sometime during fiscal year 2017. In the meantime, Bob Barnhill remains the CEO, firmly dedicated to driving performance.
 
TeleCity Group, London - $529.6M, September 2014    
Michael Tobin, who had led the FTSE 250 group for a decade, left the company, with chairman John Hughes taking over executive responsibilities while a replacement is found.
 
UXC Limited, Victoria - $529.4M, November 2015         
UXC Limited announced that Managing Director & CEO, Cris Nicolli has informed the Board of Directors of his intention to retire in 2016. A succession planning process has been in place for some time to enable the Board of Directors to choose Nicolli's successor and both internal and external candidates have been considered for the role.
 
QLogic, Aliso Viejo, CA - $520.2M, August 2015       
QLogic appointed Christine King as executive chairman and Jean Hu as acting CEO. Hu has served as SVP and CFO since 2011 and will continue in that role and retain her CFO responsibilities while serving as acting CEO. Prasad Rampalli has resigned his positions as president and CEO in order to pursue other opportunities.
 
TiVo, California - $480.6M, November 2015        
TiVo announced that Thomas S. Rogers, its current CEO and president, will be stepping down from that role effective on the earlier of January 31, 2016 or upon the appointment of his successor.
 
5N Plus, Quebec - $366.4M, November 2015      
5N Plus announced that Jacques L'Ecuyer has informed the board of directors of the company of his desire to step aside from his current position of president and CEO. He will remain as President and CEO until the new President and CEO has been appointed by the board of directors.
 
FARO Technologies, Florida - $330.4M, November 2015
FARO Technologies announced that Jay Freeland plans to step down as President and CEO and member of the Board of Directors. Freeland will remain in his current role until a successor is appointed. Freeland is leaving to pursue other business and personal interests.
 
Tangoe, Connecticut, $219.4M , May 2016
Tangoe announced that Albert R. Subbloie, Jr. resigned from his positions as President and CEO and as both a member and Chairman of the Board of Directors. On May 2, 2016, the Board appointed James D. Foy, one of the company's directors, as Acting CEO.
 
United Online, California - $204.40M, January 2016
United Online reported that its Board of Directors has appointed Jeff Goldstein as the company's Interim CEO, effective January 11, 2016. The company noted that in connection with Goldstein's appointment, Howard Phanstiel has resigned as its Principal Executive Officer, effective January 10, 2016.
 
exceet Group, Luxembourg, $197.20M, March 2016
Ulrich Reutner has decided to resign as CEO of exceet Group SE and from related functions for private reasons on 1 March 2016. He will continue to support exceet until the end of 2016 to ensure a smooth transition and to support the planned divestment of the IDMS segment with his experience in this market. The CFO of exceet, Wolf-G\xFCnter Freese, will act in addition to his duties as CFO, as CEO ad interim with immediate effect.  
 
 
Automated Systems Holdings, Hong Kong - $194.7M, September 2015   
Leung Tat Kwong, Simon has resigned as an Executive Director and the CEO of the Company with effect from 1st October 2015; Wang Yueou has been appointed as the Acting CEO of the Company with effect from 1st October 2015 and continues to act as an Executive Director and the Joint Company Secretary of the Company.
 
3i Infotech, India - $175.0M, June 2016
3i Infotech announced that Mr. Madhivanan Balakrishnan, Managing Director & Global CEO of the company has decided to step down. Padmanabhan Iyer, Director and CFO of the company shall be designated as the acting CEO of the company in addition to his current role.
 
First Sensor, Germany, $163.1M, May 2016
First Sensor AG announced that CEO Dr. Martin U. Schefter to leave the company.
 
Global Sources, Hong Kong, $162.10M, March 2016
Global Sources  announced that CEO Spenser Au is retiring. He will remain engaged until the end of the year to assist the company in transitioning to a successor.
 
Speed Commerce, Texas - $140.6M, December 2015   
On December 17, 2015, Speed Commerce announced that Dalton Edgecomb was appointed as its Interim CEO and Interim President, and Bruce Meier was appointed as its Interim CFO. Mr. Edgecomb is a principal of Winter Harbor, LLC and has more than 20 years of experience advising companies through cash management and cost reduction, capital structure refinancing, crisis management and business plan development for restructuring purposes.
 
 
Capinfo Company Limited, Beijing - $130.5M, November 2015
The board of directors of Capinfo Company Limited announced that due to change of work allocation, Dr. Wang Xu has tendered his resignation as Chairman, executive director, CEO and chairman of Nomination Committee and Strategy Committee of the company which will be effective when a new Chairman is elected by the Board. Dr. Wang Xu confirmed that he did not have any disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.
 
Pricer, Sweden, $109M, May 2016
Pricer AB announced the resignation of Jonas Vestin as President and CEO. The Board of Directors of has appointed Charles Jackson as acting CEO. Charles Jackson has been with Pricer during the period 2002 - 2010 and returned to the position of EVP in 2014.
 
 
GB Group, U.K, $100.5M, April 2016
GB Group plc announced that, after 13 years as CEO of GBG, Richard Law has formally decided to retire and asked the board to start the search for a successor. Richard has family matters that need his attention and these can be best served by him following a more flexible portfolio career once his commitments to GBG have been fulfilled.
 
 
Q-Free ASA, Norway - $99.2M, November 2015 
In a board meeting in Q-Free ASA held on November 3, 2015 the board approved the step down of Thomas Falck as CEO of the company with immediate effect. CFO Roar is appointed as interim CEO in the company.
 
Wi-LAN, Ottawa, Ontario - $98.3M, June 2015        
CEO James (Jim) Skippen intends to retire and will stay on until such time as a suitable replacement has been identified and hired. A special committee of the Board will immediately begin the search for a new permanent CEO with the assistance of a leading search firm.
 
Avanza Bank Holding AB, Sweden - $94.5M, December 2015
Avanza announced that its CEO Martin Tiveus intends to leave his position. He will remain in his current role during his six months period of notice. Martin Tiveus became CEO of the company in 2011.
 
Omesti Berhad, Malaysia - $92.7M, December 2015     
Omesti Berhad announced that Gan Nyap Liou alias Gan Nyap Liow, Managing Director will resign. The effective date is December 31.
 
 
Mobotix AG, Germany - $89.4M, February 2016 
MOBOTIX AG has announced the resignation of Klaus Gesmann as CEO, CFO, and as a member of management board. An interim manager will initially be placed in charge of the Finance department, previously under his control, while CTO Dr. Oliver Gabel is temporarily taking over the Purchasing department. A third board member will be appointed in the near future.
 
Tecnotree, Finland, $82.4M, April 2016
Tecnotree has announced the resignation of Ilkka Raiskinen as CEO following its application for a restructuring programme designed to stave off bankruptcy. Tecnotree appointed the EVP MEA & APAC Padma Ravichander as Interim CEO. Ravichander has been with Tecnotree for duration of 5 years.
 
 
Perceptron, Michigan - $78.30M, January 2016
Perceptron announced that the board of directors of the company appointed current Board Chair W. Richard Marz as interim president and CEO. Mr. Marz will continue to serve as chairman of the board. Mr. Marz succeeds Jeffrey M. Armstrong, who resigned his roles as director, president and CEO of the company, effective January 26, 2016. The Board of Directors will initiate a search to identify a new president and CEO of the Company. Mr. Marz will serve as interim president and CEO until a successor is appointed.
 
Daiwa Associate Holdings, Malaysia - $68.5M, November 2015        
The board announced that Mr. Hui Lap Shun John, an executive Director of the company, has been appointed as the chairman of the company and the acting CEO with effect from November 25, 2015.
 
Mesiniaga Bhd, Malaysia - $50.9M, December 2015      
Mesiniaga Berhad announced that Mohamed Fitri Bin Abdullah, managing director will resign. The effective date is January 01, 2016.
 
GuestLogix, Toronto, Ontario - $50M, September 2015    
GuestLogix announced that Brett Proud has advised the Board that effective immediately he is retiring from his position as CEO and Director. Proud has agreed to remain available to the Board and management in a consultative role through the end of the year. A special committee of the Board has begun the search for a new permanent CEO. In the interim, Chairman Louis Belanger-Martin will play a larger role in both the strategic direction of the business, as well as the oversight of critical client and partnership relationships.
 
Blue Star Infotech, India - $43.40M, January 2016
Blue Star Infotech announced that at its board meeting held on January 27, 2016, the board has accepted the resignation of Mr. Sunil Bhatia as CEO and MD. The board also approved the resignation of Mr. Aloke Ghose, as CFO and Company Secretary. Mr. V. Sudarshan was appointed as CFO and Company Secretary, effective January 27, 2016. He has also been appointed as Compliance Office, effective January 27, 2016.
 
Ensogo, Hong Kong - $43.6M, June 2016
The Board of Ensogo advised that it has accepted the resignation of CEO, Mr. Kris Marszalek. Marszalek is a co-founder of E88 and has been the CEO since August 2014. The Board is yet to announce the appointment of a new CEO.
 
Lantronix, California - $42M, November 2015    
On November 18, 2015, Kurt Busch resigned as President and CEO of Lantronix Mr. Busch also resigned as a member of the Board of Directors of the company and withdrew himself as a nominee for director at the company's AGM scheduled to be held on November 19, 2015. The Board appointed Jeremy Whitaker, as interim CEO of the company, while the Board finalizes the search for a new CEO.
 
 
Fireswirl Technologies, Vancouver, BC - $41.2M, September 2015    
Fireswirl Technologies announced that Tony Lau has resigned as the CEO, President and CTO of the company and as a member of the company's board of directors. Lawrence Ng has been appointed to replace Lau as the company's Interim CEO and has been appointed to the board.
 
Bull Will Co., Taiwan - $41.00M, January 2016
Serial System announced resignation of Mr. Peter Ho I Chin as Executive Chairman and Group CEO of Bull Will Co., Ltd, effective from January 07, 2016.
 
Elephant Talk Communications, New York - $33.2M, November 2015
Elephant Talk Communications appointed Robert H. Turner as Executive Chairman and Tim Payne, the current President of Elephant Talk North America, as interim CEO. Together, both appointees will be responsible for managing and growing Elephant Talk's global operations. Mr. Steven van der Velden has stepped down as Chairman, CEO and a director of the Company.
 
Towerstream Corporation, Rhode Island - $31.7M, February 2016    
On February 16, 2016, the Board of Directors of Towerstream Corporation appointed Philip Urso as Interim CEO and Arthur Giftakis as COO of the company. Mr. Urso presently serves as Chairman of the Board of Directors and Mr. Giftakis as SVP of Engineering and Operations of the company. Urso co-founded Towerstream, has served as the company's director and chairman since inception and was CEO from inception until November 2005.
 
zamano, Ireland, $26.400M , May 2016
The Board of zamano plc announced that Ross Conlon has tendered his resignation as CEO and director of the company with effect from May 9, 2016 to pursue other interests. Ross has agreed to facilitate a smooth handover. The board will immediately commence a process for the appointment of a new CEO of the company.
 
Act-On Software, Oregon - $24.9M, October 2015
Act-On Software's CEO and Chairman Raghu Raghavan is stepping aside from the company. Raghavan, who will still be involved with the company, said a new CEO will be named soon. Prior to Act-On, Raghavan helped to start California-based Responsys.
 
Nexgram Holdings Berhad, Malaysia - $24.7M, June 2016
Nexgram Holdings Berhad announced the resignation of Mr. How Han Lun as executive director and interim CEO of the company with immediate effect.
 
Temple & Webster, Australia, $24.0M, April 2016
Board of Temple & Webster Group Ltd. has accepted the resignation of Brian Shanahan as CEO and also appointed Mark Coulter, current COO as Interim CEO.
 
Daegis, Texas - $23.7M, November 2015 
Daegis announces management changes with the terms of the merger agreement and effective as of the effective Time on November 23, 2015. Timothy P. Bacci and Susan K. Conner were removed from the positions of CEO and CFO, respectively, of the company.
 
Anoto Group, Sweden, $22.80M, March 2016
Anoto Group AB (publ) appointed Joonhee Won a new interim CEO. Stein Revelsby will resign from office with immediate effect after five years as CEO. The recruitment process of finding a long-term alternative as CEO will be initiated within a few months.
 
Photon Control, Canada - $21.5M, June 2016
Christopher Weston has stepped down as President and CEO and has resigned from the Board of Photon Control. Michael Goldstein, Deputy Chairman of the Board, has been appointed Chairman and Acting CEO.
 
Publishing Technology, UK - $21.4M, September 2015    
Publishing Technology PLC announced that after careful consideration, the Board announced that Michael Cairns has stepped down as CEO with immediate effect and will be replaced as acting CEO by the company's current CTO David Montgomery.
 
 
Panoramic Universal Limited, India - $21.20M, January 2016
Panoramic Universal has announced that Mr. Babu Iyer intimated about his intention to resign as Director from the Board of the Company and as Managing Director of the Company.
 
 
RoomLinX, Colorado - $20.8M, February 2016    
RoomLinX announced that in order to focus on capital requirements, public markets, investor & public relations, and M&A opportunities, effective January 4, 2016, Aaron Dobrinsky, CEO, has handed all of his day to day executive positions at the company and its subsidiaries to existing members of the management team. With his focus to help build shareholder value, Mr. Dobrinsky has assumed the role of Chairman of the Board.
 
Europtronic Group, Singapore, $18.7M, April 2016
Europtronic Group Ltd. announced the resignation of Mr. Huang Chien-Hung as CEO and Executive Director of the company with effect from 8 April 2016. In the interim period, the duties of the CEO would be undertaken by the Vice Chairman the Company, Mrs. Huang Chuang Shueh-Ou.
 
Ground Properties, Hong Kong - $16.7M, November 2015      
Ms. Chai Xiu had tendered her resignation as the CEO of the Company with effect from 10 November 2015 in order to devote more time on her other business commitment. Ms. Chai will remain as an executive director and the chairman of the Company. The Company is in the process of identifying a suitable candidate to assume the role as CEO and further announcement in this regard will be made as and when appropriate.
 
Posera-HDX Limited, Toronto, ON - $16.1M, September 2015    
Posera-HDX announced that Paul K. Howell has stepped down as CEO effective immediately. Mr. Howell will continue as a director of the company. An interim CEO will be appointed as soon as possible.
 
LRAD, California, $15.20M, March 2016
Tom Brown, the company's President and CEO, is resigning from the company. The company's Board of Directors has initiated a replacement search. Mr. Brown joined the Company as a member of the Board in March 2006 and became President and CEO in August 2006.
 
Image Sensing Systems, Minnesota - $15.2M, June 2016
Image Sensing Systems announced that Dale Parker has resigned as CFO, Interim CEO, COO and Director. The board has appointed Chad Stelzig as Interim CEO. Mr. Stelzig has most recently served as VP of Engineering of ISS in addition to his prior position as Director of Algorithm and Software Engineering at the Company.
 
 
Corum Group Limited, Australia - $13.8M, November 2015     
Corum Group Limited announced that David Tonuri has resigned from his positions of Managing Director and CEO with immediate effect. Current CFO, David Clarke, has assumed the position of interim CEO. David will hold this position for the time necessary for the board to undertake a search process for a new CEO.
 
 
RiT Technologies, Israel - $13.2M, June 2016
RiT Technologies  announced that Yossi Ben Harosh has resigned from his position as the President and CEO.
 
 
Schmitt Industries, Oregon - $13.00M, January 2016
Schmitt Industries announced that on January 8, 2016, James A. Fitzhenry, the President and CEO of the company tendered his resignation as an officer of the company, including any positions held with any of the company's subsidiaries. Mr. Fitzhenry will retain his position as a director of the company. On January 8, 2016, the company appointed board member David M. Hudson as its Interim President and CEO.
 
Pinnacle Technology Group plc, UK - $11.90M, January 2016
Pinnacle Technology Group plc announced that Nicholas Scallan, CEO, intends to step down from the Board at this year's Annual General Meeting proposed to be held on 23 March 2016. He will remain as CEO until this time. As announced on 7 December 2015, James Dodd will also step down as a non-executive director at the time of the AGM.
 
 
International Datacasting Corporation, Ontario - $7.2M, February 2016    
International Datacasting Corporation announced a change in management. As previously announced, the Board has commenced a formal process to explore strategic alternatives with a view to enhancing shareholder value. Accordingly, IDC's Senior Management team including the Co-CEO's Chris Barrett and Steeve Huin, as well as the CFO, Steve Archambault, have voluntarily offered their resignations. Archambault has agreed to serve as CFO and interim CEO during this transition period.
 
 
SpendSmart Networks, California, $6.46M, March 2016
Alex Minicucci resigned his position as CEO and was appointed to the position of Chief Strategy Officer. The Board of Directors appointed Chairman Jerold Rubinstein to the position of interim CEO. Mr. Rubinstein will serve as interim CEO until the appointment of a permanent CEO. Mr. Rubinstein has served as a member of the Board of Directors and Chairman of the company's Audit Committee since October 2013.
 
Birdstep Technology, Norway, $6.37M, March 2016
Lonnie Schilling, the CEO of Birdstep Technology ASA will step down from his position as the company's CEO. Mr. Schilling will continue to serve as the company's CEO for the notice period of six months, which starts on April 1, 2016.
 
Spectra7 Microsystems, Canada, $6.07M, May 2016
The Board of Directors of Spectra7 Microsystems  announced with great sadness, the sudden death of its President and CEO, Tony Stelliga. Dave Mier, CFO, and Cynthia Cole, VP, General Counsel and Corporate Development, have been jointly appointed by the Board on an interim basis to lead the company's management team overseeing daily operations and corporate strategy. Mr. Mier and Ms. Cole will act in such capacity until the Board identifies an appropriate candidate for the position of President and CEO.
 
Asdion Berhad, Malaysia - $2.34M, November 2015     
Asdion Berhad announced that Tai Tee Yap, CEO has resigned. The effective date is November 11, 2015.
 
Sitestar, Virginia - $1.99M, December 2015       
On December 14, 2015, the Sitestar Corporation board of directors terminated Frank Erhartic for cause from his position as president and CEO of the company effective immediately. Mr. Erhartic also agreed to resign his position as a director of the Company effective immediately. The board has appointed Steven L. Kiel as interim president and CEO. Steven L. Kiel, 37, is the founder and president of Arquitos Capital Management.
 
 
Spindle, Arizona - $0.6M, June 2016
Spindle named Michael J. Schwartz as its Interim CEO. Schwartz replaces Bill Clark who has held the CEO role since 2011. Prior to joining Spindle, Schwartz was Chief Technology Officer, International Group of Fiserv.
 
 
OTCO International, India - $0.45M, November 2015   
OTCO International announced that Ms. Chinnamma Pullatu Mathew is re-designated as Non-Executive & Non-Independent director from her existing position as executive & non-independent director and CEO of the company. She is not holding the post of CEO hereafter.
 
Zaio Corporation, Alberta - $0.43M, November 2015    
ZAIO announced that David King has been terminated from his position as President and CEO by the Board of Directors. Joel Strickland, Chairman of the Board has been appointed interim CEO, and Phil Wazonek, currently a Zaio Director has been appointed interim President and COO.
 
VidWrx, Canada - $0.4M, June 2016
VidWrx announced that CEO Steve Hancock was injured in a cycling accident on June 8. Steve is currently hospitalized with serious injuries the full extent of which is still being assessed. As a result the Board of Directors announced that Steve will be stepping down as CEO and Director of the Company.
 
Vogogo, Canada - $0.2M, June 2016
Vogogo announced that Geoff Gordon will be resigning as President and CEO. Mr. Gordon has also indicated his resignation from the board of directors of the Company.
 
Agritek Holdings, Colorado - $0.03M, November 2015  
On November 4, 2015, Justin Braune resigned as the CEO and as the sole member of the Board of Directors of Agritek Holdings. B. Michael Friedman will act as interim CEO, and sole member of the board, and shall serve until the 2016 annual meeting of stockholders and thereafter, until his respective successor is duly elected, qualified and practicable to replace Mr. Friedman. Mr. Friedman was previously the company's CEO from 2009 until he was replaced by Mr. Braune in March 2015.
 
Kashin, Nevada, $0.01M, March 2016
On February 28, 2016 in a Consent to Action in Lieu of a General Meeting of the Shareholders of Kashin to remove and terminate Carl Maybin II as the CEO and as a Director, Richard Dryer as the CIO and as a Director, to appoint Richard Specht as the Interim CEO, Interim CFO and Interim President and to appoint Scott Kline as the CIO and as a Director.
 
Primary Opinion, U.K - $0.01M, December 2015
Primary Opinion Limited announced that Mr. Martin Burke has tendered his resignation as CEO & Managing Director of the company effective 10 December 2015. Mr. Burke will continue to assist the board for the next 3 months to ensure a smooth transition of the Australian operations.
 
BreedIT Corp., New York - $0.01M, November 2015    
On November 10, 2015, the board of directors of BreedIT Corp. accepted the resignation of Mr. Yoel Yogev as the company's CEO and a director, effective November 10, 2015. Mr. Yogev stated that the reason for his resignation was to permit him to pursue other business interests. Mr. Itschak Shrem, who has served as the company's chairman since December 31, 2013, has been appointed as interim CEO and will continue to serve as chairman of the company's board of directors.
 
Kronologi Asia Berhad, Selangor, Malaysia - October 2015    
Kronologi Asia Berhad announced appointment of Mr. Teo Chong Meng Philip Dominic (Executive Director) as Acting CEO and Mr. Tan Wee Seng Gerard (Independent Non-Executive Director) as Non-Executive Chairman.
 
NETIA SA, Poland, October 2015
Netia announced Boguslawa Matuszewska's term as temporary president of its management board (CEO) expired on 06 October. As a member of the company's supervisory board, she was appointed temporarily to perform the duties of the CEO with effect from 06 July for no longer than three months. Netia also announced that she resigned her membership of the company's supervisory board with effect from 06 October.
 
Wall Street Media Co., New York, NY - October 2015       
Wall Street Media Co. announced that Jerrold D. Burden immediately resigned as the sole director, CEO, President, Principal Executive Officer and Principal Financial Officer of the company. The company also announced that Jeffrey A. Lubchansky was appointed as the company's sole officer and director, serving as the company's interim CEO, President, Principal Executive Officer and Principal Financial Officer.
 
Epcylon Technologies, Toronto, ON - September 2015
Effective on September 22, 2015, the board of directors of Epcylon Technologies accepted the resignation of Jack J. Bensimon as the CEO and member of the board of directors of the company. Gary Schwartz, as director of lead strategies on behalf of the company, will be overseeing the day-to-day operations of the company until a replacement for CEO has been appointed.
 
HashingSpace, Los Angeles, CA - September 2015     
Timothy M. Roberts resigned as the Chairman and CEO. No replacements announced yet.
 
Compumed, California, November 2015   
CompuMed announced that W. Scott Rombach has resigned as President, CEO, and Director of CompuMed, effective November 13, 2015. Lee Keddie and David Pointer, existing Directors, will serve in the role of interim Co-CEOs for the company.
 
 
Oniqua Pty, Queensland, November 2015
Oniqua Intelligent MRO announced that effective December 4, 2015 company co-founder and CEO Andy Hill will retire after 25 years of service. Steve Herrmann, EVP of marketing and alliances for the company, will serve as interim CEO to ensure a smooth and successful transition during the search for Mr. Hill's successor. Hill will continue to provide strategic advice and counsel to the company on a consulting basis.
 
Openreach, Greater London, November 2015    
BT announced that Joe Garner is to step down as CEO of Openreach after deciding to take up a new challenge as CEO of Nationwide.
 
Société Internationale de Télécommunications Aéronautiques, Geneva, November 2015
SITA announced that CEO Francesco Violante will step down in the second half of 2016 after more than 13 years at the helm. A global search for Violante's successor is currently under way.
 
1st Detect Corporation, Texas, November 2015
Astrotech Corporation and its subsidiary 1st Detect Corporation, announced the demise of 1st Detect CEO Bob C. Kibler on October 31 due to heart complications. Mr. Kibler joined the company on June 23, 2014 and served as CEO of 1 Detect Corporation since December 4, 2014. Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation and Chairman of 1st Detect, who was also the CEO of 1 Detect from inception to December 3, 2014 will serve as Acting CEO until a successor is named.
 
PeerTV, Israel, November 2015    
PeerTV Plc announced the resignation of Wes Wilcox as CEO of PeerTV Limited.
 
Ournett Holdings, New York, November 2015   
Effective as of October 22, 2015, Mr. Xavier Rey has resigned as the CEO of Ournett Holdings and as a member of the company's Board of Directors.
 
ShopKeep POS, New York, December 2015       
Effective Jan. 1, 2016, ShopKeep announced that President and CEO, Norm Merritt, will be stepping down as head of the company for personal reasons. Michael DeSimone, who was formerly CEO of Borderfree will serve as ShopKeep’s acting CEO.
 
Total Client Services, South Africa, December 2015     
Total Client Services Limited announced its shareholders that Mr. Lindikhaya Sipoyo has decided not to renew his employment contract for a third term. However, in order to ensure a seamless transition, Lindikhaya has agreed to continue to fulfill the role as Executive Director and CEO until a suitable replacement is found.
 
 
Micromax Informatics Limited, India - January 2016
Micromax announced that CEO Vineet Taneja has resigned from the company. Taneja was appointed the CEO in May 2014. The company's four promoters, Rajesh Agarwal, Vikas Jain, Rahul Sharma and Sumeet Kumar, that own about 80% stake, are now in charge of the company.
 
Imagination TV, Florida - January 2016
STEVEN SAMBLIS, has stepped down as CEO, CFO and President and as a Member of the Board of Directors of the company. JOE SIRIANNI, who has consented to act as a President, Secretary and Treasurer, is appointed as President, Secretary and Treasurer of the company.
 
HempTech Corporation, Florida - January 2016
In connection with the new operating structure and upon completion of the Agronetix Merger, Sam Talari will become the Acting CEO and CFO of Agronetix. The Company will start to recruit a CEO for HempTech Sam Talari will remain as the acting CEO for HempTech.
 
Superloop, Australia, February 2016       
Superloop Limited announced that Superloop Executive Director and Founder, Mr. Bevan Slattery will be taking the role of Interim CEO of Superloop. Slattery will remain in the role of company Chairman.
 
AppYea, Texas, February 2016     
On February 4, 2016, AppYea's sole director, CEO and CFO, Jackie Williams, passed away. Effective February 16, 2016, pursuant to the company's Bylaws, shareholders holding a majority of the common share votes, voted by written consent to appoint Keri Williams and Devin Beavers to serve as directors of the company. In addition, on February 16, 2016, the newly appointed board of directors appointed Devin Beavers to serve as interim CEO and interim CFO.
 
Globecomm Systems, New York, March 2016
Globecomm Systems announced that Keith A. Hall is stepping down as CEO and that Current CFO, Jason D. Juranek, will serve as Interim CEO. Mr. Hall will continue to be a resource for the Company during this interim period to ensure a smooth transition.
                                    
Trendit, Israel, March 2016
The Board of Directors of Trendit appointed Lior Romano as Executive Director. Mr. Romano will also act as interim CEO until a permanent replacement is appointed. Mr. Romano is also CEO of Contacts+. Benny Saban, CEO of the company, has notified the Board of his resignation from his role as CEO and as a member of the company's board.             
 
Gulf Bridge International, Qatar, March 2016
Gulf Bridge International has appointed Amr Eid as acting CEO. Eid will take on the job effective immediately, in addition to his role and responsibilities as chief commercial officer.
 
Interups, New York, April 2016
Until April 26, 2016, the company's sole director and officer was Likhitha Palaypu, who resigned as an officer, and is the daughter of Laxmi Prasad, formerly the company's majority shareholder. The company appointed Hadley W. Donenberg as Director, Interim CEO.
 
VGTel, New York, April 2016
VGTel announced that effective August 31, 2015, the interim management team, consisting of Amilya Antonetti, interim CEO, and K. Bryce Toussaint, interim President elected not to renew the 90-day interim management contract, and as of August 31, 2015, Ms. Antonetti and Mr. Toussaint are no longer affiliated with the company. The Board of Directors is seeking replacements for both President and CEO positions.
 
Compliance Science, New York, April 2016
Compliance Science announced co-founder and CEO Mitch Kraskin has stepped down from his role as CEO. Effective March 29, David Eisner, a board member since March 2015, has assumed the role of executive chairman of Compliance Science and will be responsible for the company's operations and appointment of the next CEO. Michael D Angelo continues in his senior executive and board roles. Mr. Kraskin remains a non-executive board member of the company he co-founded in 2003.
 
Dyn, New Hampshire, May 2016
Jeremy Hitchcock, who co-founded Dyn, resigned as CEO. No one was named CEO. Jim Baum, who was named as chairman of the privately held company's board of directors in January, will be executive chairman.
 
CÜR Media, Connecticut, May 2016
CÜR Media appointed James Urie as Executive Chairman of the Board and as Interim president and Interim CEO, to assume the duties previously performed by Mr. Brophy, to serve until his successor shall be duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer and a director of the Company.
 
ZipLocal, Canada, May 2016
ZipLocal announced that the Board of Directors has approved the appointment of Raj Ravindran, CFA, MBA, Ph.D as Interim CEO and Interim CFO.  Both positions were vacant as a result of the resignations of Paul Van Damme as CFO and Director, and Kevin Dane as CEO and Director.
 
MediaWorks Integrated Systems, California, May 2016
MediaWorks said the board had accepted Mr. Mark Weldon's resignation as CEO.
 
Ubiquity, California, June 2016
Ubiquity announced that on June 8, 2016, Nick Mitsakos, who is presently Co-Chairman has been appointed as Interim CEO and will remain as Co-Chairman of the company. Mr. Carmichael who has served the dual roles of CEO and Creative Architect will relinquish the role of CEO and will remain Co-Chairman and will continue to serve as Chief Creative Architect of the company.
 
Gateway Media, Missouri, June 2016
Gateway Media announced that Gabe Douek CEO has left the company.
 
Lavu, New Mexico, June 2016
Marc Chesley has stepped down as the CEO of Lavu. Chesley confirmed that he left Lavu June 9, 2016.
 
HGS Colibrium, Georgia, June 2016
HGS Colibrium’s Board of Directors announced that Mark Poling has resigned as CEO and is leaving as a founder to pursue other interests.
 
Quikflo Health, Canada, June 2016
QuikFlo Health announced that it has, subject to regulatory approval, appointed David Lane as a director and interim CEO. Mr. Lane has significant experience as a director and officer of various public companies across various industry sectors.
 
chatAND, New York, June 2016
chatAND has appointed Victoria Rudman as the Interim CEO of the company. Ms. Rudman currently also serves as the CFO.
 
WordLogic, Canada, June 2016
Frank Evanshen hereby resigned from the Board of Directors and the position of CEO and President of WordLogic.
 
 

Tech Companies: CEOs Appointed

 

This is the detailed version of CEOs Appointed in the month June 2016. 

Lenovo Group, Spain - $44.9B, June 2016
Lenovo has appointed Alberto Ruano as the new CEO of its Spain and Portugal business, replacing Juan Chinchilla, who has been named new marketing director for Southern Europe. A former CEO of Toshiba Spain, Ruano has headed Lenovo's business and public administration division in the Iberian region for the past three years. Lenovo is currently the second largest PC vendor in Spain, behind HP.
 
Xerox, Connecticut - $17.9B, June 2016Jeffrey Jacobson
Xerox Corporation announced that Jeffrey Jacobson will become CEO of the company following completion of its separation into two independent, publicly-traded companies - Xerox Corporation, comprised of its Document Technology and Document Outsourcing businesses, and Conduent Incorporated, comprised of its Business Process Outsourcing business. Jacobson is currently EVP and President, Xerox Technology and will continue to serve in that role until completion of the separation, at which time company's current CEO, Ursula M. Burns, will step down.
 
Alcatel-Lucent, France - $15.5B, June 2016
Alcatel-Lucent decided to distinguish the positions of Chairman of the Board and CEO. The Board of Directors proposed to appoint Marc Rouanne as Chairman of the Board of Directors and CFO Olivier Durand as CEO of the company.
 
MTN Group, South Africa - $9.5B, June 2016
MTN announced that Rob Shuter, a South African who is currently the Vodafone Europe CEO, will take over as its new group president and CEO next year. Shuter will take over from executive chairman Phuthuma Nhleko, who stepped in last November in the thick of the Nigerian fine debacle.
 
Oi S.A., Brazil - $7.6B, June 2016
Oi S.A. announced that Mr. Bayard De Paoli Gontijo delivered his resignation as CEO of the company. The Board of Directors elected, Mr. Bayard De Paoli Gontijo’s replacement, Mr. Marco Norci Schroeder as CEO of Oi, who will also continue in the role of Financial Administrative Officer, which he currently exercises.
 
Symantec, California - $3.6B, June 2016Greg Clark
Symantec and Blue Coat announced that they have entered into a definitive agreement under which Symantec will acquire Blue Coat for approximately $4.651 billion in cash. Greg Clark, CEO of Blue Coat, will be appointed CEO of Symantec and join the Symantec Board upon closing of the transaction.
 
Marvell Technology Group, Bermuda - $2.9B, June 2016
Marvell appointed Matthew J. Murphy as President, CEO, and member of the Board of Directors. Murphy joins Marvell from Maxim Integrated, where he spent the past 22 years with increasing responsibilities in sales and business unit leadership roles. Most recently, he was EVP, Business  Units, Sales & Marketing.
 
SunEdison, Missouri - $2.4B, June 2016
Ahmad Chatila, President, CEO and a member of the Board of Directors of SunEdison, notified the company of his decision to resign from his employment positions. SunEdison appointed John S. Dubel as the CEO of the company. Mr. Dubel has served as SunEdison's Chief Restructuring Officer since April 29, 2016 and will continue in that role. He is also the CEO of Dubel & Associates.
 
Wah Lee Industrial, Taiwan - $1.2B, June 2016
Wah Lee Industrial announced Chang Tsung-Shien will become the President and CEO of the Company replacing Chang Ray C. as Chairman and CEO, Chen Chun-Yin as Vice Chairman and deputy CEO and Chen Pin-Hong as President and COO.
 
Cowell e Holdings, China - $980.2M, June 2016
The board of directors of Cowell e Holdings announced that Mr. Lee Sun Yong has resigned as the CEO of the company. The Board further announced that Mr. Kim Kab Cheol, an executive Director, has been re-designated as the CEO of the company.
 
itelligence AG, Germany - $756.2M, June 2016
itelligence AG announced that Norbert Rotter is taking on the role of CEO of the company. Rotter, who previously held the position of CFO, is following on from Herbert Vogel, the founder and long-standing CEO of the most successful SAP consultancy firm for the SME market.
 
Stratasys, Minnesota - $691.2M, June 2016
Stratasys announced that David Reis has decided to step down from his position as the CEO. Reis will remain a member of the Stratasys board of directors as an Executive Director. Ilan Levin, a member of the Board and Executive Committee of Stratasys, will assume the role of CEO.
 
Autohome, China - $609.6M, June 2016
Autohome announced that Min Lu has been appointed to replace James Zhi Qin as CEO of the company.
 
Fingerprint Cards, Sweden - $524.8M, June 2016
The Board of Directors of Fingerprint Cards has appointed Christian Fredrikson as new CEO, starting from August 2016. Christian Fredrikson is CEO for F-Secure. Jörgen Lantto remains in his role as CEO until Christian Fredrikson enter upon his duties.
 
Telenor Bulgaria EAD, Bulgaria - $399.7M, June 2016
Telenor Group has named Michael Foley as CEO of Telenor Bulgaria. Foley has more than 30 years of sales, marketing and operational experience in the telecom and retail sectors from both advanced and growth markets.  He has lived and worked in more than 11 countries, including previous experience from Bulgaria, where he held a leadership role in the telecom industry from 2004 to 2005.
 
The Intertain Group, Ontario - $370.3M, June 2016
The Intertain Group also appointed Andrew McIver, former CEO of Sportingbet, as its new CEO and as a director.
 
GameLoft, France - $278.2M, June 2016
Vivendi and Gameloft appointed Vivendi COO Stéphane Roussel as Chairman and CEO of Gameloft.
 
Click Sales, Idaho - $250.0M, June 2016
ClickBank appointed Edward Katzin as its new CEO. Katzin comes to ClickBank from Apple.
 
Hemlock Semiconductor Corporation, Michigan - $195.8M, June 2016
Mark Bassett, Ph. D. has been named chairman and CEO of Hemlock Semiconductor. Bassett, who currently serves as global VP of The Dow Chemical Company’s Polyurethanes business, replaces Denise Beachy, who has been named commercial director for Europe, Middle East, Africa and India for Dow’s Elastomers, and Electrical and Telecommunications business.
 
Gocompare.com, United Kingdom - $176.3M, June 2016
The Board of esure Group plc appointed Matthew Crummack as CEO of Gocompare.com. Matthew served as CEO of lastminute.com from 2011 to 2015, until the business was acquired by Bravofly Rumbo Group (subsequently renamed lastminute.com Group). Matthew was also formerly a SVP of Lodging at Expedia in Europe and the US.
 
F-Secure, Finland - $170.3M, June 2016Samu Konttinen
Christian Fredrikson, President and CEO of F-Secure Corporation, has resigned to pursue a leadership opportunity outside the Company. The F-Secure Board of Directors has appointed Samu Konttinen as new President and CEO. Konttinen joined F-Secure in 2005 and has held a wide range of senior management positions in the company, including EVP of Sales and Marketing, and EVP of F-Secure’s Consumer Business. Most recently he served as EVP Corporate Security Business.
 
Goldenmars Technology Holdings, Hong Kong - $155.5M, June 2016
The Board of Goldenmars Technology Holdings announced that due to the re-division of role and function of the company, Ms. Lau Wing Sze has resigned as the CEO but remains an executive Director and Mr. George Lu, an executive Director of the company, has been appointed as the CEO. Mr. Lu, aged 53, a founder of the Group and is also the chairman of the Board of Directors.
 
Brightree, Georgia - $113.2M, June 2016
Matt Mellott will become the company’s new CEO. Mellott joins the company from MedBridge Healthcare.
 
Cision; PR Newswire Association, Illinois - $110.2M, June 2016
Cision announced that, the company has finalized the acquisition of PR Newswire. By combining capabilities, Cision and PR Newswire will provide clients with the best content distribution, influencer outreach, media monitoring and analytics offerings. PR Newswire's CEO Bob Gray will be transitioning out of the business and Peter Granat will be the CEO of the combined organization.
 
Iskon Internet, Croatia - $60.3M, June 2016
The Supervisory Board of Croatian operator Iskon Internet has appointed Kresimir Madunovic as the company's new CEO. Madunovic takes over from Sasa Kramar who has led the company for the past 14 years and will continue his career at Hrvatski Telekom as VP and General Manager for business customers. Madunovic has been with Iskon since 2013. Initially a member of the board for business sales, he soon took over the residential sales segment, customer support and marketing. During his career, he also worked at HT Mostar, T-Mobile and HT
 
Veeam Software, Ohio - $57.5M, June 2016
Veeam Software has promoted William H. Largent, currently EVP, as its new CEO. Largent has been part of Veeam's growth since its inception in 2006, and has more than 30 years of operations and leadership experience in growth companies.
 
NEC India, India - $53.6M, June 2016
NEC India appointed Takayuki Inaba as its new Managing Director. In 2003, he joined NEC Corporation of Malaysia and was appointed Director in 2008.
 
tenKsolar, Minnesota - $39.1M, June 2016
Ten K Solar announced that Jeffrey J. Hohn has joined the company as CEO. Hohn, who formerly served as VP and General Manager of 3M's Renewable Energy Division, will succeed Joel Cannon, a Co-Founder of Ten K Solar.
 
Wireless Telecom Group, New Jersey - $30.9M, June 2016
Wireless Telecom Group announced that its board of directors has appointed current board member Timothy Whelan as the company’s new CEO.
 
AudienceScience, Washington - $29.8M, June 2016
Chairman Bill Gossman has added the role of CEO and will continue to manage the company's strategy, growth and maturation as a global advertising automation software company. Former CEO Mike Peralta will remain at the company in the new role of Chief Strategy Officer.
 
IEEE GlobalSpec, New York - $28.9M, June 2016
IEEE GlobalSpec announced that Patrick Mahoney has been named CEO and president of the company. The hire comes after GlobalSpec was recently acquired by the Institute of Electrical and Electronics Engineers. Mahoney joins IEEE GlobalSpec from IEEE, where he served as chief marketing officer.
 
Ominto, Florida - $22.1M, June 2016
Ominto announced that Michael Hansen, the company’s Founder, will assume the role of CEO. Mitch Hill, who has been serving as Interim CEO since January, will continue as an Executive Board member.
 
Dexter & Chaney, Washington - $16.4M, June 2016
Dexter + Chaney announced two moves among the company’s executive team. Dexter + Chaney President Norbert Orth will be assuming the additional responsibilities of CEO.
 
MER Telemanagement Solutions, Israel  - $16.2M, June 2016
MER Telemanagement Solutions announced that it has appointed Mr. Orey Gilliam to succeed Mr. Lior Salansky as the company's CEO. Gilliam served as the CEO of ICQ, an AOL company, and then was appointed to head all of AOL's Messaging units.
 
QuickLogic, California - $15.7M, June 2016Brian Faith
QuickLogic Corporation announces that its president and CEO, Andy Pease will retire from QuickLogic. Mr. Pease was diagnosed with Stage One Parkinson's Disease two years ago, and while it has not impacted his performance, based on a recent recommendation from his neurologist. Brian Faith will assume the role of QuickLogic president and CEO on June 24, 2016. Mr. Faith has been with QuickLogic since 1996, and during the last 20 years he has held a variety of managerial and executive leadership positions in engineering, product line management, marketing and sales.
 
Verisma Systems, Colorado - $15.4M, June 2016
Verisma has announced that Marty McKenna has been appointed as its president and CEO. He has held multiple leadership roles in healthcare IT from president of Allscripts Analytics, to leading global marketing and commercial operations for dbMotion.
 
Mobiquity, Massachusetts - $14.4M, June 2016
Mobiquity appointed John Castleman as the new CEO. Most recently he served as President and CEO of Alliance Global Services.
 
InteliSecure, Colorado - $14.2M, June 2016
InteliSecure announced it has named Steven Drew as CEO. Drew comes to InteliSecure from USConnect where he also served as CEO. Prior to his role at USConnect, he was Executive Director of Global Operations for Dell SecureWorks. As a member of the senior management team, he was responsible for the overall operations of the company's seven security operations centers (SOCs) located throughout the world. Prior to its merger with Dell, Drew held the position of Chief Operating Officer (COO) at SecureWorks. Drew held various operational roles at LURHQ, including VP of Professional Services and Chief Operating Officer before it merged with SecureWorks in 2006. Drew is a member of the board of directors at PhishLabs.
 
Seagull Scientific, Washington - $12.6M, June 2016
Seagull Scientific announced that company president Harold Boe has assumed the title of President and CEO. Seagull’s founder, chairman and former CEO Jeremy Seigel retains his role as chairman. Harold joined Seagull in 1988 as a software developer.
 
Avalon Technology, Virginia - $9.4M, June 2016
Avalon Technologies appointed Mark Horan as CEO. A former Dell executive, Horan most recently served as VP and General Manager of Dell's Preferred Accounts division for commercial and public sector customers.
 
Rosslyn Data Technologies, United Kingdom - $5.3M, June 2016
Roger Bullen, the current chief finance and operating officer, will become CEO.
 
Multimedia Platforms, Florida - $2.3M, June 2016
Robert Blair tendered his resignation as CEO of the company. The Board elected Robert Weiss as President and CEO. Since May 2014, Weiss has served as the CEO of The Arpanet Group.
 
Fullnet Communications, Oklahoma - $1.9M, June 2016
FullNet Communications appointed Roger P. Baresel as the CEO of the company. Baresel will continue to serve as a director and Chief Financial Officer, which he served since November 2000.
 
AnalytixInsight, Canada - $0.9M, June 2016
Prakash Hariharan has been appointed CEO and remains Chairman of the Board. He was formerly one of Canada's portfolio managers and is well known within the Canadian financial industry.
 
Quantum Materials, Texas - $0.2M, June 2016
Quantum Materials announced that company board member Sri Peruvemba will be expanding his leadership role with the company to take the helm as CEO. While founder and current CEO Stephen Squires will continue to have a strategic role, this change will enable Mr. Squires to focus more effort on Solterra Renewable Technologies.
 
E.S.I. Environmental Sensors, Canada - $0.1M, June 2016
EJohan Grandin, a director of the company for the past six years, has been appointed by the Board of Directors as the new CEO and Chairman of the Board.
 
EXO U, Canada, June 2016
EXO U announced that CEO, Kevin Pawsey, has resigned as CEO of the Corporation effective July 12, 2016 in order to spend more time with his family. Jim Kirchner, currently SVP of Business Development of EXO U, will succeed Mr. Pawsey as CEO.
 
Easy Technologies, Canada, June 2016
The board has now appointed Mr. Rupert Shore to the office of CEO. Mr. Shore was employed by the British Columbia Ministry of Energy, Mines and Petroleum, where he undertook various studies under the Direction of the Assistant Deputy Minister.
 
Morgan Solar, Ontario, June 2016
Morgan Solar has announced that its Board of Directors has appointed Mike Andrade as CEO and member of the Board of Directors. Andrade has 30 years of experience in the technology industry, most recently as President of Diversified Markets at Celestica.
 
Temasys Communications North America, California, June 2016
Joining Temasys in North America and Silicon Valley are Bent Rye, as CEO. Rye, who is based in Silicon Valley, joins Temasys after almost 20 years with Cisco.
 
Virgin Mobile USA, New Jersey, June 2016
Virgin Mobile USA appointed Dow Draper as CEO. Before this role, Draper was president of Sprint's Wholesale & Prepaid Services, expanding the contract-free business with dramatic changes to keep the company's Boost Mobile, Virgin Mobile and Sprint Prepaid brands value-driven and competitive.
 
Xped, Australia, June 2016
Athan Lekkas has been appointed Chairman and CEO of the Company and has been instrumental in driving the Company forward on its business opportunities.
 
Sofant Technologies, United Kingdom, June 2016
Sofant Technologies has appointed David Wither as CEO. With over 20 years’ experience in radio technologies and more than 10 years as CEO, Wither has a strong background in technology sales and business development, including positions in Sarantel Group PLC, RF Micro Devices Inc and Baxter International.
 
Vodafone Egypt Telecommunications, Egypt, June 2016
Vodafone Egypt reshuffled its leadership and appointed Stefano Gastaut as the company's CEO, replacing Ahmed Essam.  Gastaut joined the company in 2004.
 
1insurer, Hampshire, June 2016
1insurer appointed Mr. Henry Bonner as CEO. Henry Bonner, joins from OpenLink Financial , having held key business development roles including the CEO of its DBC Software division where he was instrumental in developing its commodities solutions business.
 
Wrench Group, Texas, June 2016
The Wrench Group announced that Ken Haines has been selected to lead the Company and will assume the role of CEO. Mr. Haines was formerly the President & CEO of Atlanta's Coolray Companies, one of Wrench's four regional brands.
 
Dandemutande Investments, Zimbabwe, June 2016
Dandemutande has appointed Nhena Nyagura as CEO to lead the business, following its merger in 2015 with iWayAfrica Zimbabwe and Africa Online. Nyagura has over 18 years experience in the technology industry, gained locally and with the top ICT companies in the USA. He was previously the head of business for iWayAfrica and acting-regional manager for Africa Online, where he was responsible for strategy formulation and execution.
 
D Software, California, June 2016
Zephyr announced that Scott Johnson has been named CEO. Scott brings nearly two decades of sales and marketing executive management Prior to Zephyr, Johnson was President and CEO of Social Solutions, where he exceeded revenue goals and grew the company to more than 250 employees in three years.
 
ParaData, California, June 2016
Paradata announced that it has named board member and former Flex Senior Executive, Debbra Rogers as CEO. Founder Scott Slinker stepped down as CEO and has assumed a technical advisory role.
 
Cloudwords, California, June 2016
Cloudwords appointed Richard Harpham as President and CEO. Prior to Cloudwords, Harpham held executive positions at Autodesk, M-SIX, and Calgary Scientific. He previously held the role of VP of sales and marketing at Cloudwords.
 
Intrepid Online Retail, India, June 2016
Styletag announced that it has appointed Michael Adnani as CEO. Adnani joins the company from Flipkart, where he was VP of the commerce platform and headed strategic brand alliances.
 
Applied Pathways, Illinois, June 2016
Applied Pathways has announced that Steve Lefar has assumed the role of CEO and will join its Board of Directors. Founder and current CEO John Feldman will continue in an operating role as Chairman of the Board. Lefar comes to Applied Pathways following his 4-year tenure as President and CEO of analytics firm Sg2, which was acquired by MedAssets in 2015.
 
Mark One Lifestyle, California, June 2016
Mark One names Alan Johnson as new CEO, where he will focus on augmenting the company’s presence worldwide. With more than 30 years of experience working for global consumer brands, including executive roles at Gap, the Walt Disney Company, and PepsiCo, Johnson has a proven track record of fostering growth for top companies. Prior to joining Mark One, Johnson served as CEO of BevMo!.
 
Telenor Pakistan, Pakistan, June 2016
Telenor Group appointed Irfan Wahab Khan as CEO of Telenor Pakistan. Khan moves up from the position of deputy CEO and CMO at Telenor Pakistan.
 
Agari Data, California, June 2016
Agari announced that Ravi Khatod has joined the company as CEO. Khatod brings more than 20 years of experience as an entrepreneurial leader with deep domain experience in security and IT operations.
 
Dimension Data, Hampshire, June 2016
Dimension Data appointed Jason Goodall as Group CEO, as Brett Dawson, current CEO, steps down after 12 years. Goodall steps into the role from his current position as Group COO.
 
Grex Alternative Investments Market, India, June 2016
Grex Alternative Investments Market has appointed Abhijeet Bhandari as its CEO. Bhandari has replaced Manish Kumar. Bhandari is the co-founder and director of the company.
 
BioBeats, California, June 2016
BioBeats appointed a new CEO, Rob Brougham. Rob replaces current CEO and Co-Founder David Plans, who will become Chief Science Officer. In his previous role, he was CEO of the Telehealth and Telecare business for BT Global Services, responsible for the P&L and selling into the NHS and private sector.
 
iText Group NV, Belgium, June 2016
iText has a new CEO. Stephan Engelen has been chosen as the company's new CEO. Before iText, Mr. Engelen served in executive positions at Philips Electronics and Cisco Systems.
 
Vroom, Texas, June 2016
Vroom announced that Paul J. Hennessy has been named CEO. Hennessy, a nearly two-decade veteran of the e-commerce industry, most recently served as CEO of priceline.com since April 2015.
 
WegoWise, Massachusetts, June 2016
WegoWise has announced that veteran tech executive Laila Partridge will become WegoWise's new CEO.  Outgoing CEO Andrew Chen will continue to serve as Chief Financial Officer of Boston Community Capital (BCC) and Managing Director of its Venture Fund.
 
MediaPlatform, California, June 2016
MediaPlatform announced that Mike Newman is succeeding Jim McGovern as CEO. Prior to MediaPlatform, Mike Newman was VP/GM at Polycom, where he oversaw Polycom's worldwide video content management and streaming business.
 
Arkivum , United Kingdom, June 2016
Arkivum announced that its Board of Directors has appointed Guy Yaniv as its new CEO, succeeding Jim Cook, who will serve as the company's Chief Customer Officer (CCO). Guy Yaniv joins Arkivum from NICE Systems.
 
Servion Global Solutions, India, June 2016
Servion Global Solutions has appointed Sameet Gupte as CEO. Gupte has replaced Balakrishnan K. Prior to this appointment, Gupte worked for VirtusaPolaris as EVP and global head of financial services. He has also worked with Genpact Headstrong Capital Markets.
 
Spireon, California, June 2016
Spireon announced that Kevin Weiss has been named as the company’s next CEO. Prior to joiningSpireon, Kevin served as CEO of Unitrends.
 
Humor Rainbow, New York, June 2016
Match Group announced that it has hired Elie Seidman as CEO of OkCupid. Most recently, he served as Chief Revenue Officer at BorrowersFirst.
 
Airtel Payments Bank, India, June 2016
Airtel Payments Bank appoints Shashi Arora as CEO & MD, subject to the approval of Reserve Bank of India. He will replace Manish Khera, CEO, who has decided to pursue this enterpreneurial journey. Shashi joined Bharti Airtel in February 2006 and was appointed as CEO of Bharti Telemedia limited.
 
Simparel, New York, June 2016
The board of directors of Simparel appointed company president Roberto Mangual as CEO.
 
AMI Investments, Texas, June 2016
Brad Kitterman has joined Nighthawk as the CEO. Brad will take over for Dennis Burke, VP McWane Technology Group, who has been serving as interim CEO. Brad brings a wealth of experience, most recently having served as president and CEO of Aclara. 
 

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Breaking News: Microsoft COO Kevin Turner Resigns

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Microsoft COO Kevin Turner Resigns

Kevin TurnerB. Kevin Turner, 51, Microsoft's COO, has resigned. He is joining financial firm Citadel to run its technology-heavy market-making unit as CEO of Citadel Securities. He will also be a vice chairman of the firm. Turner had been at Microsoft for 11 years. Turner was the driving force behind the sales and marketing efforts of Office 365 and the widespread customer adoption of Azure cloud.

Prior to Microsoft, Turner spent nearly 20 years at Walmart. Turner was named Walmart's CIO and later President and CEO of Sam's Club, a $37 billion division of Walmart. A one-time cashier at Wal-Mart, Turner was named a corporate officer there at age 29, the retailer's youngest ever at the time.

Date: July 9, 2016

Interesting Round of Cloud and Tech Infrastructure Leadership Changes: GE Digital, Capgemini, GoDaddy & More

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GE Digital COO Joins United Technologies as CIOVince Campisi

Vince Campisi, COO for GE Digital, responsible for cybersecurity, business and cloud operations, has left. He joins United Technologies as SVP, Digital, and CIO. Campisi started with GE in 1999 and progressed through leadership roles including GM, Cloud Services & CIO for GE Software.

Equinix Appoints Senior Sales and Channel Executive as Chief Sales Officer          

Equinix, the global interconnection and data center company, has appointed Mike Campbell as Chief Sales Officer. In this newly expanded role, Campbell will directly lead company's Global Accounts, Business Development and Channel Programs, coordinating sales execution across regional teams globally and delivering more tightly integrated solutions to customers. Campbell joined company in 2015 as SVP of Sales, with more than 30 years of experience managing global teams and working within respected technology companies, including NCR, UUNET, CompuServe, MCI and WorldCom.

Alcatel-Lucent Splits Chair-CEO Structure         

Marc Rouanne has been appointed as Chairman of the Board and Olivier Durand as CEO of the company. The Board of Directors acknowledged the expiration of the term of Philippe Camus as Chairman and CEO of the company, and decided to distinguish the positions of Chairman of the Board and CEO.

Marc Rouanne remains Chief Innovation and Operating Officer of Nokia Corporation, as Alcatel-Lucent has joined Nokia following successful exchange of shares, creating an innovation leader in next-generation technology and services for an IP connected world.

Olivier Durand's current employment contract as Group CFO will be suspended. Durand has spent over 18 years within the Alcatel-Lucent Group.

Capgemini Group Makes Cloud Infrastructure Services Management Reshuffle         

Capgemini Group announced executive appointments: Patrick Nicolet, formerly Head of the Infrastructure Services business, continues to be a member of the Group Executive Board, in charge of the newly created Competitiveness central department that encompasses Delivery, Industrialization and Procurement. Patrick also now oversees Capgemini's India operations.

Capgemini's Group Sales Director Paul Nannetti now leads the Cloud Infrastructure Services business.

Brocade Appoints Director of Infrastructure Analytics for APJ         

Brocade appointed Paddy McDermott as Director of Infrastructure Analytics for Asia Pacific Japan (APJ). Based in Sydney, most recently, McDermott spent five years as principal architect and senior solutions consultant at Virtual Instruments, performing network analytics on critical customer applications and virtualized infrastructure. McDermott held a variety of storage and cloud consulting and architect roles during a successful 16-year career. He has an in-depth understanding of data center and cloud architecture, with consulting experience at companies such as Telstra, Hitachi Data Systems, Dell, Sun Microsystems, and StorageTek.

Paycom Elects Legal Expert to BoardLarry Parman

Paycom Software, a leading provider of comprehensive, cloud-based HCM software, announced that Larry Parman, president and CEO of Parman & Easterday, has been appointed to board, replacing Conner Mulvee, who tendered his resignation. Parman founded Parman & Easterday, LLP, a law firm, in 1985. From November 2013 to January 2015, he served as Secretary of Commerce for the State of Oklahoma and executive director of the Oklahoma Commerce Department after fulfilling his duties as the Oklahoma Secretary of State.

GoDaddy Announces CMO Changes 

GoDaddy announced that Philip H. Bienert has resigned as chief marketing officer. The company appointed Barbara Rechterman as chief marketing officer, upon Bienert's resignation. Rechterman has been its Chief Customer Officer since March 2015. Prior to joining The Go Daddy Group, Rechterman was employed from 1988 to June 1997 in various capacities at Parsons Technology, including as Co-President, VP and Controller.

21Vianet Group Appoints Board Member with Investment Experience in the Venture Capital Industry      

21Vianet Group, one of the largest carrier-neutral Internet and data center service provider in China, has appointed Wei Yuan as a director. Yuan is the president of Tus-Holdings Co. Ltd. Yuan has 16 years of investment experience in the venture capital industry and has served as a director or supervisor in several listed companies. Additionally, Kong Kat Wong, co-founder and VP of Xiaomi Corporation, will transition to Board Observer status.

CYREN Appoints VP of Global Cloud Operations    Hesham Eassa

Cloud-based cyber security solutions provider CYREN announced that Hesham Eassa has joined the company as VP of global cloud operations. Eassa most recently served as VP of global cloud operations at Zscaler for the past three years. Eassa is responsible for the infrastructure and operation of CYREN's global security cloud.

Date Range: May 27th - July 10th

Non-Tech Boards Welcome Tech Directors: Hasbro, FactSet Research & Others

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Hasbro Adds Former CFO of King Digital as DirectorHope Cochran          

Toy and board game company Hasbro announced that Hope Cochran, former CFO of King Digital, to the company’s board of directors. Cochran joined King Digital in 2013 as CFO. Prior, she served as CFO of Spring subsidiary Clearwire.

FactSet Research Elects Two New Directors from Tech Industry    

FactSet Research Systems elected two new directors, Sheila B. Jordan and Malcolm Frank. Jordan currently serves as SVP, CIO at Symantec. Frank, currently serves as EVP, Strategy & Marketing at Cognizant Technology Solutions Corp. 

G4S Appoints Director from Telecom Domain Barbara Thoralfsson        

British multinational security services company G4S plc appointed Barbara Thoralfsson as a non-executive director of its board. Thoralfsson has extensive international and board and technology experience, having been CEO of Norwegian mobile phone operator NetCom ASA (Telia) and a non-executive director of Tandberg ASA, Telenor ASA, and Cable & Wireless Plc. Barbara has also served as a non-executive director on the boards of Electrolux AB and Orkla ASA.

Colfax Appoints CEO of Hackbright Academy with Prior Experience in Tech Investments to Board of Directors 

Fluid handling products manufacturer Colfax appointed Sharon Wienbar, CEO of Hackbright Academy and venture partner at Scale Venture Partners, to its Board of Directors. Wienbar has served as the CEO and as a director of Hackbright Academy, the leading software engineering school for women founded in San Francisco, since November 2015. At Scale Venture Partners, where Wienbar has served since 2001, she led investments in technology companies and has served on the board of numerous portfolio businesses. She continues to serve on the board of Everyday Health as well as the boards of Applause Software Quality and Actiance.

Date Range: May 27th - July 10th

Women Appointed to Large Boards: GSK, Kimberly Clark, ADP & More

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Glaxosmithkline Appoints Director with Experience in Energy, Natural Resources and Business InnovationDr. Vivienne Cox, CBE

GlaxoSmithKline appointed Dr. Vivienne Cox, CBE, 56, as a Non-Executive Director. She worked for BP for 28 years, in Britain and Continental Europe, in posts including EVP and chief executive of BP’s gas, power and renewables business and its alternative energy unit. Cox was appointed Commander of the Order of the British Empire (CBE) in the 2016 New Year Honours for services to the UK Economy and Sustainability.

Texas Instruments Elects Retired PwC Veteran to the Board of Directors    

Texas Instruments elected Jean Hobby to the Board of Directors of the company. While at PricewaterhouseCoopers, Ms. Hobby, 55, served as strategy officer from 2013 until retirement in 2015. Earlier positions there included U.S. sector lead for the firm's multi-billion dollar Technology, Media and Telecom practice from 2008 to 2013, and CFO from 2005 to 2008. She currently serves on the board of Greatbatch.

Kimberly Clark Appoints CEO of OpenTable as Board Member      

Kimberly-Clark announced that Christa S. Quarles, CEO of OpenTable was elected to its board of directors. Quarles was appointed CEO in November of 2015 after serving as CFO. Prior to joining OpenTable, Quarles served as Chief Business Officer of Nextdoor, and held positions of increasing responsibility with The Walt Disney Company, including SVP, General Manager, Mobile and Social Games.

ADP Appoints Former Deputy Head of Mission at the Office of the Quartet as a New Director     

Automatic Data Processing appointed Sandra S. Wijnberg as a new director of the company. From July 2014 to December 2015, Wijnberg was Deputy Head of Mission, Office of the Quartet Representative, which is charged with implementing the Palestinian economic development agenda of the Quartet (the United Nations, the United States, the European Union and Russia.) Prior to that, she was a Partner and Chief Administrative Officer of Aquiline Holdings, SVP and CFO at Marsh & McLennan Companies, and held various positions at YUM! Brands, PepsiCo, Morgan Stanley and AmEx.

Barclays Appoints Director with Extensive Board-Level Experience across Different Industries    Mary Francis CBE 

Mary Francis CBE has been appointed as a Non-executive Director of Barclays. She has extensive board-level experience and is currently serving on the boards of Swiss Re Group and Ensco. Mary has also had a distinguished and varied executive career including twelve years at HM Treasury, before serving as Private Secretary to the Prime Minister, Deputy Private Secretary to the Queen and as Director General of the Association of British Insurers.

Ventas’ Newest Director Comes with Entrepreneurial Success and Expertise in Investment Markets         

S&P 500 real estate investment trust Ventas elected Roxanne M. Martino, CEO of Aurora Investment Management since 1990, to its Board. Over nearly three decades, Martino built the Chicago firm into one of the largest managers in the fund-of-funds industry, managing $14 billion at Aurora's peak.

CSC and Hewlett Packard Enterprise Announce Executive Appointments for New Company       

CSC announced that its Board of Directors has unanimously approved a plan to merge the company with the Enterprise Services segment of Hewlett Packard Enterprise. Meg Whitman, HPE’s president and CEO, will join the new company’s Board of Directors, which will be split equally between nominees of CSC and HPE.

Electronic Arts Appoints CEO of Blackhawk Network to Its Board

Electronic Arts appointed Talbott Roche, 49, to EA’s Board of Directors. Roche is the CEO and President of Blackhawk Network. Prior to her role as CEO, Roche served as the President of Blackhawk, as well as leading Marketing, Product and Business Development for the company..

Twitter Sees Multiple Board Shuffles           

Twitter announced that the Board of Directors has appointed Debra L.  Lee, 60, Chairman and CEO of BET Networks, he parent company for Black Entertainment Television, to serve as a Board member. She served as the COO and President of Black Entertainment Television LLC since 1996.

Additionally, the Board has appointed Marjorie Scardino, 69, as lead independent director, effective following Twitter's 2016 Annual Meeting. She succeeds Peter Currie in the role, whose term will end following the Annual Meeting. Scardino is the former CEO of Pearson PLC.

Legrand Appoints Former Sequana EVP as Director 

French industrial group Legrand approved to appoint for a four-year term, Isabelle Boccon-Gibod, as an independent Director. Ms. Isabelle Boccon-Gibod served as EVP at Sequana S.A. until 2013 and Senior Advisor since June 2006. Boccon-Gibod served as EVP of Special Projects at Arjowiggins at Sequana S.A. She started her professional career with the International Paper Group in 1991.

TomTom Co-Founder Joins Iliad Board        

Iliad, the parent company of Free, the inventor of the Freebox, has elected Corinne Vigreux as an independent board member. Corinne Vigreux is a co-founder of TomTom and managing director of its consumer business. She was also present at the creation of former European PDA powerhouse Psion.

Fannie Mae Appoints Founder and Managing Member of The Catalyst Group Renee L. Glover to Board   

Fannie Mae elects Renee L. Glover, 66, to Board of Directors. Glover is the Founder and Managing Member of The Catalyst Group. Ms. Glover previously served as president and CEO of the Atlanta Housing Authority and its affiliates.

AMP Appoints its Board Member and Former Investment Banker Catherine Brenner as New Chairwoman

Wealth management and insurance giant AMP announced that Catherine Brenner has been elected Chairman of AMP Limited Board. Brenner joined the AMP Limited Board in 2010 and was until recently the Chairman of AMP Life and NMLA. She holds directorships with Boral and Coca-Cola Amatil and was formerly a senior investment banker and corporate lawyer.

Hasbro Adds Couple of Female Directors     

Toy and board game company Hasbro announced that Hope Cochran, former CFO of King Digital, and Mary Beth West, EVP, Chief Customer and Marketing Officer for J.C.  Penney Company, have been appointed to the company’s board of directors.

Cochran joined King Digital in 2013 as CFO. Prior, she served as CFO of Spring subsidiary Clearwire.

West joined J.C.  Penney as Chief Customer and Marketing Officer in 2015.  She served as the Chief Category & Marketing Officer and EVP at Mondelez Global until then.

Lincoln Financial Group Elects Retired GSK Exec to Serve on BoardDeirdre P. Connelly

Lincoln Financial Group announced that Deirdre P. Connelly has been elected to serve on its Board of Directors. Connelly served from February 2009 until her retirement in February 2015 as president of North American Pharmaceuticals at GlaxoSmithKline.

RSA Insurance Group Appoints Director with Deep Understanding of Insurance Sector and Financial Services Expertise        

RSA Insurance Group appointed Isabel Hudson as a Non-Executive Board Director. Hudson has significant experience in general insurance, both as an executive and non-executive director, along with a wealth of relevant board experience. Isabel also brings wide ranging commercial, corporate finance and business development experience from the UK and internationally. Hudson is currently Chairman of the National House Building Council (NHBC).

FactSet Research Elects Symantec CIO as New Board Member      

FactSet Research Systems elected Sheila B. Jordan to board. Jordan currently serves as SVP, CIO at Symantec. Jordan had previously worked as SVP of Communication and Collaboration IT at Cisco.

FMC Elects Director with Background in Process Technology, Safety, Sustainability and Environmental Management           

FMC Corporation has elected Margareth vrum as a director of the company.  vrum is EVP of Technology, Projects & Drilling for Statoil Group, an international energy company based in Stavanger, Norway.  She is responsible for technology research, procurement, projects and drilling.

Genpact Appoints Retired Deloitte Vice-Chair to its Board   

Genpact appointed Carol Lindstrom, formerly of Deloitte, to its Board of Directors. Lindstrom recently retired as vice chairman of Deloitte, where she led strategic relationship management, and was also president of the Deloitte Foundation. She was a member of the Deloitte & Touche Board of Directors for six years and served on the Deloitte Touche Tohmatsu (DTT) Global Board of Directors for eight years.

Date Range: May 27th - July 10th

Recent Tech Exec Turnover - 85 Open CIO, CTO, CISO Roles & 87 Appointments

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Welcome to our Tech Function Exec Appointment Trends & Open Roles for the - 28 days ended July 13th 2016. The roles covered here:   heads of technology, which include CTOs, CIOs, Tech & Ops, CISOs, Cyber and related.

The details of each of the situations listed below are being posted on our blog (same newsletter, but each opportunity has the details). Click here for the detailed version.

By the numbers, overall:

  • Total Tech Exec Roles Open:85  
  • New Tech Exec Appointments: 87 (5 women or 5.74%, 82 men)

In terms of the 85 Open Roles, the functional breakdown is as follows:

  • 40 CIO roles
  • 29 CTOs
  • 14 CISOs
  • 2 Tech & Ops

The geographic breakdown of open roles and new appointments was as follows:

New Tech Function Openings: 9 – Unisys (PA), Teradata Labs (CA), Cartesian (KS), Peeple App (CA), MobileGuard (NC), New York Power Authority (NY), SafeAuto (OH), Mazuma Credit Union (KS),  Jellyvision Lab (IL)

Tech Execs Appointed - Sources

Sources of Appointments: 75 were External appointments, and 12 were internal promotions – Divisional execs (2), tech executives joining from acquired companies (1), Interim CIO (1), Others (8)

Others:  SVP or VP, Technology, VP-Business Transformation, VP-Research & Innovation, Founder, Director or Senior Director of IT, CFO, CIO to CTO, CTO to President, technology etc. 

Diversity:  5.74% of the appointments are women CIOs. JPMorgan Chase (NY), CBRE Group (CA), Lincoln Electric Holdings (OH), Horizon Global (MI), BevMo Holdings (CA).

Geographic Distribution: 71 in the US, 7 in Europe and 9 in Asia/Russia.

Want to keep up to date? Get more updates on new board members (Tech execs on tech and non tech boards; women board members), on new execs/board updates for the Giants, the software industry, and many more. A summary of Vell Research Reports and board/exec updates can be found here. Vell Research Reports and Exec/board moves.

Dora Vell

Vell Executive Search
t: 617-530-1260 | dora@vell.com

Vell Executive Search is a retained executive search firm that specializes in recruiting technology execs for boards and executive roles, such as CEOs and C-Levels. Vell has built a reputation for recruiting talented high-performing leadership teams globally.  www.vell.com

 

In this Edition

CIOs Wanted
CIOs Appointed
Vell Research Reports and Summary Updates
Vell Executive Search Recent Placements
Vell Executive Search Team
You can subscribe to our Open Roles Newsletters and research reports.

Tech Exec Roles Open


Tech Exec Open Roles (as of July 13, 2016)

Dell, Texas - $59B, November 2015        
Paul J. Walsh, Dell’s CIO, is leaving the company. Scott Pittman, who had been leading Dell’s IT infrastructure services, was named interim CIO while the company looks for a permanent replacement.

Lenovo, China - $46.3B, April 2016
Lenovo's chief of technology Peter Hortensius will entirely take up his new role, heading technology and strategy for the firms new Data Center Group, while previous CTO and present head of Lenovo Capital and Investment Group (LCIG) George He will become acting CTO while the firm looks for a permanent leader in that designation.

UBS AG, Switzerland - $31.9B, March 2016        
Global CIO of UBS Oliver Bussmann resigns. New COO Axel Lehmann will act as head of IT until a replacement is named.

Schneider Electric (Americas), Massachusetts - $27.2B, July 2015   
Schneider Electric is seeking a CISO, Americas, who will be responsible for establishing and maintaining an enterprise-wide information risk security/privacy program while ensuring tight linkage with the overall corporate strategy.

Goldman Sachs, New York - $26.45B, May 2016
Goldman Sachs Group announced that Lance Braunstein has left Group as MD and global head of investment banking technology.

Travelers Companies, New York - $26.29B, May 2016
Greg Toczydlowski leaves the role of EVP and President, Small Commercial, Business Insurance Technology and Operations, to become President of Business Insurance

Facebook, California- $17.93B, May 2016
Facebook is searching for a new CIO. Tim Campos, the company’s current CIO, is leaving at the end of the year to start a new company.

TE Connectivity, Switzerland - $14.26B, October 2015  
EVP and CTO, Robert Shaddock, is retiring from the Company effective late in 2016.

Biogen, Massachusetts - $9.7B, June 2016
After just over a year in the position, Biogen CIO Matt Griffiths is no longer with the company. Biogen plans to fill the CIO position. In the meantime, Mr. Griffiths’ organization reports to Adriana Andi Karaboutis, Biogen’s EVP of technology, business solutions and corporate affairs.

Ameriprise Financial, Minnesota - $9.1B, May 2015     
Ameriprise Financial is currently seeking a CISO.

Medibank, Australia - $4.48B, May 2016
Medibank Private Limited announced the resignation of Sarah Harland, EGM Technology & Operations. Sarah has accepted a senior appointment within the Suncorp Group.

Tesla Motors, California - $3.5B, March 2016
Jay Vijayan has left his job as the CIO at Tesla Motors to begin working on a stealth startup. Tesla Motors confirmed Mr. Vijayan’s departure, but it would not say whether it has yet found a permanent replacement.

Unisys, Pennsylvania - $3.01B, July 2016
Unisys is seeking a CISO. The CISO is responsible for setting and maintaining the internal IT security direction for Unisys.

Teradata Labs, California - $2.53B, July 2016
Teradata Labs is looking for a CTO to join the Unified Data Architecture (UDA) Platform Technologies team.

hhgregg, Indiana - $2.00B, March 2016
On March 23, 2016, Trent Taylor resigned from hhgregg as CIO to pursue other opportunities.

Jack Henry & Associates, Missouri - $1.3B, September 2015  
Jack Henry & Associates is currently seeking a CISO who will be responsible for overseeing the strategy, design and implementation of enterprise-level information security initiatives and programs.

Corbion, Noord-Holland - $948.4M, September 2015      
Corbion has announced that Mr. Sven Thormählen, CTO and member of the company's board of management, is stepping down as board member and will leave the company. His tasks and responsibilities as CTO will temporarily be covered by the CEO of the company.

Lumber Liquidators, Virginia - $978.80M, March 2016
On March 2, 2016, Charles A. Schwartz, the CIO and SVP, business development, of Lumber Liquidators Holdings notified the company that he is resigning, effective March 16, 2016, in order to pursue another opportunity.

Morningstar, Illinois - $783.6M, November 2015 
Greg Goff, Morningstar's CTO, has decided to leave the firm effective December 4, 2015 to join Uptake Technologies.

MicroStrategy, Virginia - $579.8M, June 2015    
MicroStrategy seeks a CISO, who will establish and develop global information security management programs for our internal systems and customer offerings

Town Sports International Holdings, New York - $442M, September 2015  
On September 11, 2015, the employment of Paul Barron, CIO of Town Sports International Holdings, was terminated without cause. Mr. Barron will receive severance payments and benefits as set forth in the Amended and Restated Executive Severance Agreement, dated February 25, 2015.

TeleCommunication Systems, Maryland - $364.1M, November 2015 
TeleCommunication Systems announced the termination of Mr. Drew A. Morin, SVP and CTO of the company on October 28, 2015.

ShoreTel,  California - $360.9M, May 2016
Pankaj Malhotra, the CTO of ShoreTel announced that he would be leaving the Company, effective June 30, 2016, on mutually agreeable terms. The company hasn’t announced any replacement yet.

Ruckus Wireless, California - $326.9M, June 2015        
William Bill Kish is leaving his position as CTO of Ruckus Wireless, to pursue new interests, and has stepped down as a member of the Board of Directors. The company has launched a search for a new CTO who will fuel the next wave of innovation.

StarTek, Colorado - $252.7M, October 2015       
Kamalesh Dwivedi, the company's CIO, separated from the company effective October 14, 2015.

inContact, Utah - $222.0M, April 2016
On April 15, 2016, inContact reached an agreement with Julian Critchfield, EVP and CTO, for his separation from service with the Company.

Philex Mining, Philippines - $187.7M, December 2015    
Philex Mining Corp. announced the resignation of RAYMUND BRETT C. MEDEL as VP and CIO, with effective from January 31, 2016.

LogMeIn, Massachusetts - $166.3M, November 2014     
LogMeIn is seeking a CISO to serve as a subject matter expert and leader reporting into the CTO.  The CISO will lead a global team of four and be responsible for the security of LogMeIn’s suite of award winning software products (including secure development), product delivery (NOC), security features of our products (security design), internal infrastructure (development environment), and 3rd party services (CRM’s, etc).

Xunlei Limited, China - $164M, November 2015 
Xunlei Limited's board of directors has appointed Mr. Lei Chen, the Company's CTO, as Co-CEO. Simultaneously, Mr. Chen resigned as Xunlei's CTO, a post he has held since joining the company in November 2014.

Mastech Holdings, Pennsylvania - $123.50M, March 2016
On March 11, 2016, Denis D. Deet ceased to be VP of Technology and CIO of Mastech Holdings.

Spar Group, New York - $119.3M, April 2016
SPAR Group announced that its CIO, Panos Mastrogiannis will be leaving the company to pursue other opportunities, effective May 6, 2016.

Cartesian, Kansas - $80.6M, June 2016
Cartesian announced the termination of employment to Jim Baker, the Company's CTO and CIO and a named
executive officer.

Kresta Holdings, Australia - $69.9M, April 2016
Albert Xu has resigned as CIO, a role he has filled since June 2014.

Spark Networks, California - $55M, October 2015        
Spark Networks announced that resignation of Gregory J. Franchina as a CIO, delivered a notice of resignation to the Company indicating that he intended to resign from the Company effective as of November 14, 2015. The Company intends to replace Mr. Franchina and has initiated the process of recruiting qualified candidates.

CSB Bancorp , Ohio - $24.5M, February 2016     
CSB Bancorp  announced that Steven R. Bailey, EVP, COO and CIO of the company and its wholly owned affiliate The Commercial & Savings Bank, notified the company that he will be retiring and resigning his positions with the Companies, effective March 4, 2016.

Diadexus, California - $18.10M, March 2016
Diadexus announced that Dr.  Emilia Zychlinksy, EVP and Chief Technical Officer, notified the company on March 14, 2016, that she is resigning effective as of April 1, 2016. She will continue in that role until the effective date of her resignation.

NMI Holdings, California - $7.1M, January 2015  
Stan Pachura, EVP and CIO, leaves. Pachura's current duties and responsibilities will be assumed by existing members of the Company's management team, until a replacement is chosen.

Uni-Pixel, California - $2.87M, January 2016
On December 28, 2015, Robert Petcavich, the SVP and CTO of Uni-Pixel, Inc, tendered to the company his resignation for personal reasons, effective as of December 31, 2015. Mr. Petcavich will continue to provide services to the company as a consultant.

B-Scada, Florida - $1.8M, April 2016
B-Scada announced that Joshua Weeks, CTO, resigned his position effective April 1, 2016.

SPYR, Colorado - $1.6M, April 2016
SPYR announced that effective March 31, 2016, Mark McGarrity, the Company's CIO, resigned his position with the company.

CannaSys, Colorado - $0.08M, March 2016
Brandon C.  Jennewine resigned from his position as CTO. Mr. Jennewine remains on the board of directors.

Activistic Holdings, Australia, November 2015   
The Company announced that Activistic Holdings Pty Ltd’s CTO, Mr. Shahab Zeinoghli has resigned effective 18 November.

American Traffic Solutions, Arizona, September 2015 
The company is looking for a CIO responsible for leading and overseeing all aspects of the Company’s technology capabilities, resources and assets.

Wikimedia Foundation, California, June 2015    
Wikimedia is looking for a CTO to lead and connect with communities of volunteers, researchers, and users. The CTO must have the ability to understand and synthesize a vast amount of data, opinions and emerging technologies

Centrify, California, July 2015       
The CISO is the leader of the corporate/physical security function for Centrify, which includes responsibility for overall corporate security strategy, security architecture development, and global function oversight

Smaato, California, September 2015       
Smaato is seeking a CTO to determine the direction of software development, solutions and product offerings.

VITAS Healthcare, Florida, June 2015     
The company is looking for a CISO, to work closely with the IT and Technical Services teams to identify, document and mitigate IT security concerns as related to overall access to resources.

NIBCO, Indiana, September 2015  
NIBCO is seeking a CIO for setting long and mid-range strategies, objectives and initiatives for the Information Services function.

Brookstone, New Hampshire, June 2015 
The CIO is responsible to oversee the development of corporate standards, technology architecture, technology evaluation and transfer; sponsor the business technology planning process; manage client relations; align IT with the business; and develop IT financial management systems.

Colgate University, New York, July 2015 
Colgate University is seeking a CISO to join the IT Services department to serve as the university expert on information security across all domains.

Broadcast Music (BMI), Tennessee, September 2015   
BMI, one of the largest music rights management company in the US, is seeking a CIO who will be responsible for the company’s technological vision and leadership.

Ancestry.com, Utah, May 2015    
Ancestry is currently looking for a leader to fill the new role of CISO, responsible for establishing, executing and maintaining the enterprise vision, strategy and program to ensure that Ancestry’s physical and digital information assets and technologies are adequately protected.

Valley Behavioral Health, Utah, June 2015       
The agency is currently looking for a CIO as a core part of our strategy management team, advising the CEO, CFO, COO, and other core members on matters of strategic and tactical importance concerning IT systems, hardware, software, services, and maintenance.

Blucora, Washington, August 2015
Blucora is looking for a CISO who will be member of the company’s Operations Team.

US Consumer Product Safety Commission, Washington D.C., July 2015      
The agency is looking for a CIO for providing forward-thinking direction and visionary executive leadership for the agency-wide information resources management and IT programs, as well as systems implementation, to assist the agency in achieving its safety mission.

Supreme Group, Washington, D.C., September 2015    
The CIO’s role is to provide vision and leadership for developing and implementing IT initiatives. The CIO directs the planning and implementation of enterprise IT systems in support of business operations in order to improve cost effectiveness, service quality and business development. She/he is also responsible & accountable for all aspects of the organization's IT and systems.

CommonBond, New York, September 2015       
CommonBond is looking for a CTO, to lead the company’s development team and be responsible for delivering technology that enables the company to reach its goals.

First Help Financial, Massachusetts, October 2015       
In order to continue rapid growth, FHF is looking for a highly motivated CTO with leadership and hands-on experience in programming, database, and team management. 

Farm Journal Media, Illinois, October 2015        
The SVP/CTO is a new position intended to drive systems development and technology advancements across the company.

The Buckle, Nebraska, November 2015
The Buckle is seeking a CIO to direct, plan, and manage the company's Information Systems employees and resources to ensure the effective development, implementation, and oversight of all data processing, computer operations, and related functions (Communications, Office and Retail Store Systems, Production Activities, Data Warehousing, Merchandise Management, etc.).

Robertshaw, Illinois, November 2015
Robertshaw
currently seeks for a CIO to join the organization for directing the information and data integrity of the global business for all IT functions of the company.

Royal Canin USA, Missouri, November 2015
The company seeks a CTO who will be the strategic and IT leader for building and managing enterprise, data and application platforms (eCommerce, CRM, Navision, BI, infrastructure) with key accountabilities including: project management, technical documentation, interface development and management controls with all relevant systems, alignment with global team and partnership with all internal teams.   

Brigham and Women's Hospital, Massachusetts, December 2015     
Brigham and Women's Hospital announced that Mark Andersen, MHA, MS, has been appointed interim CIO for Brigham and Women's Health Care (BWHC) effective Jan. 4, 2016. Anderson, who recently served as the interim chief technology and health information officer at University of Virginia Health System, Charlottesville, will ensure continued progress of the recent Partners eCare implementation while the search for a permanent CIO continues.

Ingram Content Group, Tennessee, February 2016
The Ingram Industries subsidiary is looking for a CIO who is expected to develop and implement an IT strategy that meets current needs, establishes a foundation and roadmap for future direction, and is supported and endorsed by the business.

U.S. Nuclear Regulatory Commission, Maryland, February 2016
The commission is looking for a CIO who will report to the Executive Director for Operations (EDO). The CIO will establish policy to carryout NRC’s responsibilities established by the Federal Information Security Modernization Act of 2014, the E-Government Act of 2002, the Federal Financial Management Improvement Act of 1996, the Federal IT Acquisitions Reform Act (FITARA), the Government Paperwork Elimination Act, the Federal Records Act, the Freedom of Information Act, and the Privacy Act.

Allina Health, Minnesota, February 2016
The company seeks a CISO, who will be responsible for overseeing the information security program, including information security policy and the coordination of security efforts across Allina Health.

Utica National Insurance Group, New York, February 2016
The company is looking for a CIO for establishing the strategic direction of the Company’s IT architecture.

Gordon Flesch Company, Wisconsin, February 2016
The company is on a search for a CIO, who will have specific responsibility for planning and implementing an information system strategy that meets the company’s business needs and delivers a good return on investment. Provides leadership to supervisory staff leading IS teams and overall IS department.

Leonard Technology Group, Florida, February 2016
The computer and network security company is seeking a CIO.

[24]7, California, February 2016
[24]7 is a rapidly growing Sequoia Capital-backed company with an enterprise SaaS offering. The company is looking for a CISO.

Prestige Care, Washington, February 2016
The company seeks a CIO to provide technology vision, leadership and direction in the development and implementation of organization-wide IT programs in support of business operations.

Skype, Washington, February 2016
Skype is looking for a CTO, Skype for Business Customer Engineering.
The Skype Business Services is the engineering, operations and business group comprised of the Skype for Business Online with Office 365, and Skype for Business Server product lines.

Core, New York, February 2016
Core is looking for a CTO to be the technical lead to architect and build out version one of the product.

Entrust Datacard, Minnesota, February 2016
The CTO will be responsible for establishing the Company’s technical vision.
The CTO’s function is to compel the technology vision to complement the business vision, setting the tone and direction for the company’s technologies.

Markit, Colorado, February 2016
Markit, a leading global diversified provider of financial information services, is looking for a CTO.

State of California, California, March 2016
California CIO Carlos Ramos retires. Amy Tong is now Acting Director, California Department of Technology. Tong served as the Chief Deputy Director of the Office of Systems Integration (OSI) and the Agency Information Officer of the California Health and Human Services Agency (CHHS) since August 2014.

State of New Jersey, New Jersey, March 2016
New Jersey State CIO Steven Emanuel is stepping down next month and returning to the private sector.

University of Kentucky, Kentucky, May 2016
The university is looking for a CIO.

Mspark, Alabama, June 2016
Mspark, direct marketing solutions company for rural and suburban markets, seeks an experienced technology leader to join as CIO.

Peeple App, California, July 2016
Reputation management iOS app developer Peeple App is looking for a CTO helping to transition their company and position it for maximum growth.

MobileGuard, North Carolina, July 2016
MobileGuard, formerly TextGuard, is seeking a CTO to oversee all technical aspects and technological resources of the e-discovery and supervision solution provider.

New York Power Authority, New York, July 2016
New York Power Authority is looking for a Chief Security Officer (CSO) to build and sustain a Cyber Risk Framework that integrates Governance and Risk Compliance controls, requirements, oversight and validation into IT and Operational Technology (OT).

SafeAuto, Ohio, July 2016
Property and casualty auto insurance carrier SafeAuto is seeking a CIO who would build a IT model to meet current organizational needs and build for continued leveraging of technology services for the future.

Mazuma Credit Union, Kansas, July 2016
The credit union is looking for a CIO for initiating transformative change, implementing innovative solutions, directing and controlling the company’s information systems and technology activities.

Jellyvision Lab, Illinois, July 2016
Jellyvision is looking for a CTO, who will be business savvy and process-minded tech leader to integrate technology and business plans, make key architectural and infrastructure decisions.

Of Note: Other Tech Function Moves

  • Himax Technologies announced CTO and SVP Chih-Chung Tsai has retired from his current position effective June 30, 2016 after 15 years of service and 11 years as the company’s CTO. Mr. Tsai will remain with the company and assume the position of vice chairman of Himax Technology Limited. Mr. Tsai has transferred his duties to designated company-wide functional business segment leaders who will report directly to CEO and President Jordan Wu.

Tech Execs Appointed

Tech execs appointed in 28 days ended July 13, 2016

JPMorgan Chase, New York, $88.0B, June 2016Lori Beer
Lori Beer succeeds Mark Ashton-Rigby as CIO for corporate and investment banking. She remains managing director of global technology, overseeing banking operations, including investment banking and treasury services. Her predecessor, Mark Ashton-Rigby, is leaving for Barclays Plc.
 
United Technologies, Connecticut, $56.1B, June 2016
United Technologies appointed Vince Campisi as SVP, Digital, and CIO. He succeeds Nancy Davis, who will retire at the end of 2016, concluding a 37-year career at UTC. Campisi most recently served as COO for GE Digital, where he was responsible for cybersecurity, business and cloud operations.
 
American International Group, New York, $54.0B, June 2016
American International Group announced that Michael Lewis will join AIG as Chief Digital Officer. Most recently, Mr. Lewis served as global CTO, Digital for the consumer businesses at JPMorgan Chase.
 
Accenture, Ireland, $32.3B, June 2016
Accenture announced Kelly Bissell is joining the company to lead Accenture Security. Bissell brings extensive knowledge of the cyber security landscape and comes to Accenture from Deloitte & Touche, where he headed up global Cyber Risk for the firm.
 
Mizuho Financial Group, Japan, $24.8B, June 2016
Mizuho named Christopher Nam as Managing Director and Head of Internet and Digital Media Investment Banking for its North American banking business. Nam joins Mizuho from Credit Suisse, where he advised companies including Alibaba, Lyft, Zalando, King Digital, Box, MINDBODY and Rocket Fuel as Director of Internet Investment Banking.
 
The Royal Bank of Scotland Group, United Kingdom, $18.9B, July 2016
RBS has appointed Punit Sood as the Head of Technology for its Global Hub in India. Sood previously worked at JP Morgan Chase.
 
The Bank of Nova Scotia, Canada, $18.3B, June 2016
Scotiabank announced that it has appointed Silicon Valley technology leader Shawn Rose to the newly created position of EVP, Digital Banking.
 
CBRE Group, California, $11.7B, June 2016
CBRE Group announced that Chandra Dhandapani has been named the company’s Chief Digital & Technology Officer. Ms. Dhandapani, a longtime technology executive at Capital One Financial Corporation, will join CBRE in mid-July, and will be the company’s most senior technology leader.
 
Vmware, California, $6.7B, June 2016Dirk Hohndel
VMware appointed Dirk Hohndel as VP and Chief Open Source Officer. Before joining VMware, Hohndel spent nearly 15 years as Intel's Chief Linux and Open Source Technologist, guiding Intel's engagements in open source. Prior to his work at Intel, he served as CTO of SuSE and Unix Architect of Deutsche Bank.
 
OSRAM Licht AG, Germany, $6.5B, June 2016
Bosch exec Stefan Kampmann, 52, will assume the newly created role of CTO of Osram.
 
CA, New York, $4.0B, July 2016
CA Technologies announced that Surya Panditi has been named General Manager of its India Technology Center. Before joining CA, Panditi held leadership positions at several startups, including CEO of AirGrub, Advisor to StageOne Ventures and Advisor at Rasa Networks, acquired by Hewlett Packard Enterprise.
 
Lincoln Electric Holdings, Ohio, $2.4B, July 2016
The Lincoln Electric Company has promoted Michele Kuhrt to EVP and CIO. Kuhrt joined Lincoln Electric in 1997 as Director of Taxes and in 2006 was elected as a Company Officer and SVP, Tax with responsibility for Lincoln Electric's global tax matters and the US payroll shared services center.
 
Leshi Internet Information & Technology, China, $2.4B, July 2016
Leshi Internet Information & Technology has hired Jaiteerth Patwari from Qualcomm to head research and development at its online retail store LeMall.
 
British Columbia Lottery, British Columbia, $2.3B, June 2016
Pat Davis has been announced as the VP of Business Technology and CIO at BCLC. Davis has been with the corporation since April 2003. He has been Interim VP and CIO since April 2016.
 
Brocade, California, $2.2B, June 2016
Brocade appointed Paddy McDermott as Director of Infrastructure Analytics for Asia Pacific Japan (APJ). Most recently, McDermott spent five years as principal architect and senior solutions consultant at Virtual Instruments.
 
South Carolina Public Service Authority, South Carolina, $1.9B, June 2016
South Carolina Public Service Authority announced that Dom Maddalone has been named CIO and SVP of information systems at Santee Cooper. Maddalone previously served as Probuild's CTO and VP of IT infrastructure.
 
Starz, Colorado, $1.7B, June 2016
Starz announced the promotion of Brad Martens to SVP, Broadcast Engineering and Jason Wyrick to SVP, Digital Platforms.
 
Premier, North Carolina, $1.1B, June 2016
Premier promoted Leigh Anderson to SVP and CIO. Prior to joining Premier, he served in lead informatics roles at Hospital Corporation of America, Health Trust, Global Healthcare Exchange (GHX) and AT&T.
 
EarthLink, Georgia, $1.1B, July 2016
EarthLink Holdings Corp. appointed Jacob J.  Ferro (Jay), Jr. as EVP, Chief Information and Product Officer. Prior to joining EarthLink, Ferro was CIO of the American Cancer Society (ACS).
 
Informatica, California, $1.1B, June 2016
Informatica announced that Oracle Exec Graeme Thompson has joined the company as SVP and CIO.
 
Syniverse, Florida, $846.3M, June 2016
Syniverse announced it has appointed two new members to its senior leadership team. The addition of Tim Moss as EVP, Global Product and Strategy, and Chris Rivera as CTO will propel Syniverse’s leadership in providing innovative, global technology solutions. Most recently, Moss served as SVP, Head of Engagement Practices for North America at Ericsson.
 
Rivera will join Syniverse from Cisco, where he has vast experience serving as Managing Director and CTO for Americas Mobile and Web Providers.
 
Exlservice Holdings, New York, $652.0M, July 2016
ExlService Holdings appointed Mike Toma to the role of CTO. Most recently, as SVP & CIO, he led ADP’s International product and technology organizations in Europe, Latin America, and Asia Pacific regions.
 
Horizon Global, Michigan, $579.3M, July 2016
Horizon Global Corporation appointed Ruthanne Largent as CIO. Prior to joining the company, Ms. Largent served as assistant VP, IT at MGM Grand Detroit since 2005.
 
Ultra Clean Holdings, California, $456.0M, June 2016
Ultra Clean Holdings announced Michael Henderson has joined UCT as SVP of Engineering. Michael's expertise includes more than 25 years of engineering leadership experience in the high tech industry with senior roles in R&D, process development, and production management.
 
Farm Bureau Property & Casualty Insurance Company, Iowa, $452.4M, June 2016
Casey Dbecker has been named CIO of FBL Financial Group and its affiliated insurance companies that go to market as Farm Bureau Financial Services. Decker joined FBL in 2004 as a programmer analyst and progressed to Business Technology VP. Since 2014, Decker served as Agency Support VP.
 
Canadian Western Bank, Alberta, $451.9M, July 2016
Darrell Jones, who previously led the information services team as SVP and CIO, has been appointed EVP and CIO.
 
Lava International, India, $433.5M, June 2016
Lava International has appointed Rahul Agarwal as the CTO of the company.
 
The company also appointed Ankit Pal as the Design Head in order to fulfil Lava's growth agenda and further bring innovative products and relevant services to customers.
 
Inteliquent, Illinois, $275.9M, July 2016
Ankur Desai joins Inteliquent as VP, Strategy and Product Development. He brings over 15 years of experience in the Telecom industry, along with valuable expertise serving next-generation communications start-ups in the Silicon Valley market.
 
RadiSys, Oregon, $191.1M, June 2016
RadiSys Corporation announced that Wassim Matragi has been appointed to VP of global engineering. Matragi joins the company with extensive technology experience and a software and full systems background built upon his work at Sonus Networks.
 
BevMo Holdings, California, $184.6M, June 2016
BevMo! appointed Tamara Pattison as SVP, Chief Marketing & Information Officer. She joins BevMo! from Albertsons Companies where she was most recently SVP of Digital Marketing and e-commerce.
 
Evernote, California, $177.6M, July 2016Anirban Kundu
Evernote hired a new CTO, Anirban Kundu, to rebuild its core technology and jump-start growth in the company's products. Most recently, Kundu was VP of engineering at GoDaddy, where he oversaw the company's infrastructure and data science segments.
 
City National Bank of Florida, Florida, $171.8M, July 2016
City National Bank of Florida named Thomas Crossin SVP and CIO. Crossin was previously VP of IT and infrastructure for Bayview Asset Management LLC.
 
Maine Employers' Mutual Insurance Company, Maine, $143.7M, June 2016
The MEMIC Group announced appointment of John R. Yao as SVP and CIO to direct, plan, and oversee the development, implementation and security of MEMIC’s information systems and technology. Previous to MEMIC, Yao was Director of Applications Development at Aetna, VP of IT at CNA Insurance Companies and CTO at HealthWare Solutions International.
 
Medallia, California, $107.3M, June 2016
Medallia has appointed Ashwin Ballal as the company's first CIO. Ballal, who has more than 20 years of executive experience, will assume global responsibility for Medallia's information services organization. Ballal had been Chief Information, Intelligence, and Data Officer for KLA-Tencor.
 
Kornit Digital, Israel, $90.6M, June 2016
Kornit Digital announced the retirement of Ofer Ben-Zur as the Company’s CTO and the appointment of a new CTO, Dr. Nuriel Amir, Ph.D. Dr. Amir brings more than 29 years of technology leadership experience to Kornit, most recently as Technology Director at KLA Tencor.
 
Federal Savings Bank, Illinois, $76.3M, June 2016
The Federal Savings Bank announced that Michael MacDonald has been hired as the new CIO. Prior to joining The Federal Savings Bank, MacDonald was an executive at Banco Popular for 13 years.
 
Betts Company, California, $75.2M, June 2016
Betts Company appointed Jonathan Lee as CTO. Before joining the company, he served as senior principal at Infor.
 
Perforce Software, California, $60.0M, June 2016
Perforce Software appointed Tim Russell as Chief Product Officer. Most recently, Russell was VP, Product Management for NetApp's Data Fabric Group.
 
Social Solutions, Maryland, $44.4M, June 2016
Social Solutions Global named Mark Ralls as the SVP of Product Management and Strategy. Prior to Social Solutions, Mark was the Group VP of Business Applications and Analytics at SolarWinds.
 
STATS, Illinois, $41.9M, June 2016
STATS has added Rishi Diwan to its management team as VP of Product ManagementRishi joins STATS with extensive sports and technology experience, having held senior management positions at SAP and Oracle.
 
RMG Networks, Texas, $40.0M, June 2016
RMG Networks Holding Corporation has announced the hiring of George Clopp as its SVP, CTO. Clopp's skill set eclipses standard software development and includes a robust level of expertise in infrastructure architecture, data warehouse, big data reporting and analytics, complex deployments and robust operational support for multi-terabyte systems.
 
Interactions, Massachusetts, $26.3M, June 2016
Interactions appointed Deepak Batheja as EVP of Technology and CIO. Most recently, Batheja served as the SVP and CTO of Sutherland Global Services.
 
American Well Corporation, Massachusetts, $24.4M, June 2016
American Well announced that it has appointed longtime executive team member and engineering lead Jon Freshman to become the Company's CTO.
 
Catena Media, Malta, $23.3M, July 2016
Catena Media has recruited Owe Laestadius as new CTO. Owe Laestadius's most recent role was at Betsson Group, where he was Technical Director with responsibility for building technical teams as well as products.
 
Elemental Led, California, $15.0M, June 2016
Elemental LED the appointment of Steve Gensler, Ph.D., as head of the Engineering and Technology. He held several senior leadership roles at Nanosys, InVisage Technologies, Texas Instruments, Reflectivity, Novellus Systems and Alameda Applied Sciences.
 
OptimizeRx, Michigan, $7.5M, June 2016
OptimizeRx has appointed Brian J. Dillon to the new position of SVP of Product and Strategy. Prior to joining OptimizeRx, Dillon provided consulting services focused on the HiTECH (Health IT) and pharmaceutical manufacturers services sector.
 
West Cary Group, Virginia, $5.0M, June 2016
West Cary Group has hired Roy Huhta as its first Chief Product Officer. He previously spent 16 years at Capital One Financial, most recently as director of product management.
 
MassRoots, Colorado, $0.3M, June 2016
MassRoots announced it has recruited Lance Galey as its CTO. Previously, Mr. Galey served as Chief Software Architect of Cloud Services for Autodesk and VP and Principle Architect at Salesforce.
 
Ubiquity, California, June 2016
As a part of the corporate restructuring and growth plan of Ubiquity, Jonathan Kalbfield signed his contract to become Ubiquity’s CTO.
 
Symbolic IO Corp, New Jersey, July 2016
Symbolic IO announced that Rob Peglar, formerly VP, Advanced Storage at Micron Technology, has joined the startup's executive team as SVP and CTO.
 
MariaDB, Finland, July 2016
MariaDB Corporation announced the addition of Roger Bodamer as Chief Product Officer. Bodamer brings impressive database experience to MariaDB. Bodamer most recently co-founded Analytica and Upthere.
 
UltiSat, Maryland, July 2016
Chris Hetmanski has been hired as new CTO by UltiSat. Before working at UltiSat, Hetmanski served for Airbus DS Satcom Government (ASGI) and Vizada, where he also worked as CTO.
 
Vodafone Czech Republic, Czech Republic , July 2016
Vodafone Czech Republic a.s. announced that Milan Zíka is joining Vodafone as the new VP of Technology. From 2009, he worked as CTIO at T-Mobile Poland and was responsible for one of the biggest projects of RAN sharing agreement in Europe.
 
NextLaw Labs, California, July 2016
Nextlaw Labs named Dean Khialani as the company's new CTO. Previously, Khialani served as SVP of IT at The Excelium Group.
 
Del Monte Foods, California, July 2016
Robert Long has been appointed VP & Chief Information Officer. Long joins Del Monte Foods from Big Heart Pet Brands, where he was VP IT.
 
Cloudistics, Virginia, July 2016
Cloudistics appointed technology visionary Jai Menon as its Chief Scientist. Dr. Menon brings deep infrastructure experience to the Cloudistics product line, having served as CTO for multi-billion dollar Systems businesses at both IBM and Dell.
 
InvestCloud, California, July 2016
InvestCloud named Ben Shichman as EVP of Platform. Shichman most recently served as a VP of Technology at Guidance.
 
Viaccess-Orca, France, July 2016
Viaccess-Orca has appointed Cedric Hardouin as its EVP of research and development. Previously Hardouin also served as CTO of LogiWays.
 
PrescribeWellness, California, July 2016
PrescribeWellness announced that they have hired Chief Information Security Officer, Todd Plesco. Plesco joins PrescribeWellness from Martin Luther King Jr. Community Hospital.
 
Brainspace, Texas, July 2016
Brainspace Corporation has appointed David D. Lewis, PhD as chief data scientist. In research at the University of Chicago, Bell Labs, AT&T Labs, and David D. Lewis Consulting, Lewis pioneered many techniques that are now common in text analytics and beyond, including uncertainty sampling, stratified estimation of classification effectiveness, scaling of probabilistic classifier outputs, and high dimensional Bayesian logistic regression.
 
ParentsWare, California, July 2016
Jon Nicholls, the former SVP of Business Intelligence and Global Technology Operations at Bank of America, reported that he has joined the Eturi (formerly known as ParentsWare) as CIO.
 
Bodhi Brands, India, July 2016
VelvetCase has appointed Dheerendra Kulkarni as VP of technology. Currently, Kulkarni serves at VelvetCase as head of engineering.
 
ShippingEasy, Texas, July 2016
Stamps.com(R) announced it has completed its acquisition of ShippingEasy. Barry Cox will serve as CTO of ShippingEasy, in connection with the acquisition.
 
Global Knowledge Training, North Carolina, June 2016
Kevin Pawsey is the new global VP of digital learning. Pawsey joins Global Knowledge from EXO U where he was CEO.
 
Panzura, California, June 2016
Panzura appointed Pu Paul Zhang as the company's VP of engineering. Zhang joins the company after serving as VP of engineering at Atlantis Computing.
 
Comark, Massachusetts, June 2016
Comark appointed Parag Shah as CTO. Prior to the company and Civiq, Mr. Shah held executive level technical leadership positions at Azonix division of Crane, MTL, Cooper CrouseHinds and Eaton Technologies.
 
Temasys Communications, Singapore, June 2016
Joining Temasys in North America and Silicon Valley - Sherwin Sim as CTO. Sherwin Sim, CTO, brings over ten years experience in voice and video over IP, enterprise and mobile product development, and agile software development processes.
 
Joining in Singapore is Nadine Yap as Chief Product Officer. Yap has over two decades of experience in technology product and program management experience, having worked with early and late stage startups as well as tech giants like Amazon.com and Yahoo.
 
CompleteSet, Ohio, June 2016
CompleteSet named Brian Powell as CTO. Working in a wide range of leadership roles at multiple startups, Powell has architected and developed technology platforms with ESPN, Disney, NBC Universal, AT&T, and the NBA.
 
CompleteSet co-founder Jaime Rump will serve as VP of Engineering.
 
City Of Fresno, California, June 2016
City of Fresno appointed Bryon Horn as new CIO over the Information Services Department (ISD). Horn is an accomplished professional with over 25 years of experience in Design, Management, Planning, Analysis and Strategic Direction in IT and Telecommunication systems, including 13 years with the City of Fresno where he most recently served as Assistant CIO.
 
Kateeva, California, June 2016
Kateeva named Eli Vronsky as Chief Product Officer. An expert in printer technology, Vronsky is chief architect of the fundamental YIELDjet printing system architecture, including the revolutionary process monitoring systems and printing algorithms that helped make Kateeva's YIELDjet platform the world's first mass-production-worthy inkjet printer for flexible OLED's. He joined Kateeva in 2008.
 
The Citadel, South Carolina, June 2016
Citadel appointed Steven Lieblich as CTO of Citadel's hedge fund business. Steve has served in a series of senior technology roles, most recently as Morgan Stanley's CIO.
 
Ditech Financial, Pennsylvania, June 2016
Ditech Financial has hired Brad Goedken as CIO for Originations, Capital Markets and Corporate Systems. Goedken has significant experience in mortgage technology and most recently served as CTO for Sun Trust Mortgage.
 
InvestCloud, California, June 2016
InvestCloud has appointed Graham Collier as the firm's new Head of Technical Operations for Europe. Prior to joining company, Collier spent two years with Qualcomm Technologies, where he managed the global applications team.
 
InMoment, Utah, June 2016
SVP, Product Management JD Nyland is former Adobe and Omniture exec.
 
VP of engineering Keith Christensen is a proven technology leader with the ability to build high performing teams.
 
University of Richmond, Virginia, June 2016
Keith W. Mac McIntosh, who currently serves as CIO and Associate VP, Digital Instruction and Information Services, at Ithaca College, has been named as University of Richmond's next VP and CIO.
 
Optiv Security, Colorado, June 2016
Optiv Security appointed former Experian technology leader Paul Lehman as CIO.
 
The Lincoln Electric Company, Ohio, June 2016
The Lincoln Electric Company announced the promotion of Michele R. Kuhrt to EVP and CIO. As CIO, Ms. Kuhrt will have oversight of the company’s enterprise IT systems and will be responsible for managing a global team and a broad range of global IT initiatives focused on supporting the company’s growth strategy, operations and IT infrastructure.
 
Mesitis Capital, Singapore, June 2016
Mesitis Capital has named Trevor Hare as a new CTO. Trevor Hare takes over the role from Andrew Stevens, who was interim CTO for 15 months. Hare joins from Macquarie Group.
 
KeyLogic Systems, West Virginia, June 2016J. Kevin Reid
KeyLogic Systems has named J. Kevin Reid as its new VP of National Security and CIO. Reid joins the company from the Federal Bureau of Investigation, where he was most recently the Assistant Director of the IT Infrastructure Division.
 
defi SOLUTIONS, Texas, June 2016
defi SOLUTIONS has named Robert Dufalo as its new CTO. Dufalo was previously director of quality for the company.
 
AOL, New York, June 2016
AOL named Tim Mahlman the new president of AOL Platforms. Mahlman is currently serving as global head of AOL's publisher technology platform, and was the founder of video content exchange platform Vidible, which AOL bought in 2014.
 
VISANOW.com, Illinois, June 2016
VISANOW.com announced that Mahi Inampudi has joined the company as VP of product and technology. Prior to joining the company, Inampudi held the same position at DRIVIN, a data and technology company that is helping redefine how automotive dealers source and acquire used vehicles. 
 

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Noteworthy Healthcare IT Leadership Moves: McKesson, Cerner, Athenahealth & Others

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McKesson and Change Healthcare Creates New Healthcare IT Company; Announces Leaders

Neil de CrescenzoMcKesson and Change Healthcare Holdings announced the creation of a new healthcare IT company. The entity will combine substantially all of Change Healthcare’s business and the majority of McKesson Technology Solutions (MTS) into a new company. Chairman, president, and CEO of McKesson John H. Hammergren will serve as chairman. CEO and President at Change Healthcare Neil de Crescenzo will serve as CEO, joined by an experienced management team comprised of leaders from both McKesson and Change Healthcare.

Cerner Appoints SVP, Cerner Revenue Cycle Management and President of Cerner RevWorks       

Cerner announced that Jeff Hurst will join the company as SVP, Cerner Revenue Cycle Management and president of Cerner RevWorks. Hurst is currently the SVP of finance at Florida Hospital. Jeff has worked at Florida Hospital for more than 19 years and has previously served as SVP of fiscal services, and VP of revenue management. Prior to joining Florida Hospital, Jeff spent 10 years serving in the United States Air Force.

Athenahealth Announces Board and Executive Changes

athenahealth appointed Tom Szkutak, former Amazon.com CFO, to its Board of Directors. Szkutak served as SVP and CFO at Amazon.com from 2002 to 2015. Prior to Amazon, Szkutak spent 20 years with General Electric.

Athenahealth announced that EVP and COO Ed Park will leave his post at the end of 2016, when he is expected to be elected to the company's board. Upon Park's transition, Kyle Armbrester, SVP and chief product officer, will take over as head of direction and delivery of core services. The role of COO is being eliminated, and the company will shift other internal leadership responsibilities to account for the transition.

FireEye’s EVP and General Counsel Joins Board of Vocera Communications          

Alexa KingVocera Communications announced that Alexa King, EVP and general counsel at FireEye, joined the company’s board. Since 2012, King has led the legal team at FireEye. Before FireEye, she was general counsel at Aruba Networks. Her early career included working at Pillsbury Madison & Sutro and Fenwick & West. 

The role that King is stepping into on the Vocera Board has opened up as Brian Ascher, a partner at the venture capital firm Venrock (Palo Alto, Calif.), rotates out of the Board position he has held since 2002.

Castlight Health Announces Board and Management Appointments

Enterprise healthcare technology firm Castlight Health appointed Michael L. Eberhard to the board. Eberhard has been the President of Global Distribution at Concur Technologies since January 2015. He joined Concur in 2003, and served on various roles.

Castlight Health also appointed John C. Doyle as President, Siobhan Nolan Mangini as CFO and Treasurer, and Priya Jain as Corporate Controller and Chief Accounting Officer of the Company. John C. Doyle, 48, previously served as CFO, VP and Treasurer since November 2012 and has served as COO since November 2015.

Achaogen Siobhan Nolan Mangini, 35, most recently served as VP, Finance & Business Operations. She joined the company in February 2012. Prior to joining Castlight she worked at Bain & Company.

Priya Jain, C.P.A., 36, joined the Company in March 2016 as VP, Corporate Controller. Most recently, Jain was Corporate Controller at AlienVault, a cybersecurity company, from March 2015 to February 2016, where she led all accounting, reporting, tax, subsidy operations, and treasury activities.

Connecture Announces Resignation of Robert Douglas Schneider as President and Chief Product Officer, Effective July 29, 2016    

Robert Douglas Schneider, President and Chief Product Officer of Connecture, a company solely focused on delivering integrated Web-based sales, service and process automation solutions to the health insurance industry, will be resigning from Connecture for personal reasons. Schneider's Chief Product Officer responsibilities and duties will be transitioned in an orderly fashion to the current Connecture leadership team if and until a new Chief Product Officer is named.

OptimizeRx Appoints SVP of Product and Strategy

OptimizeRx, the provider of patient financial support services in the eRx workflow, appointed Brian J. Dillon to the new position of SVP of Product and Strategy. Prior to joining OptimizeRx, Dillon provided consulting services focused on the HiTECH (Health Information Technology) and pharmaceutical manufacturers services sector. Earlier in his career, he served as partner at AccelaPartners.

HTG Molecular Diagnostics Appoints Leader for North American Capital Sales     

HTG Molecular Diagnostics appointed Suzanne Hill as VP of North American Capital Sales. Prior to joining HTG, Hill served as Director of Sales at Silicon Biosystems in San Diego. Earlier in her career, she held a number of commercial positions of increasing responsibility at Illumina.

Alcidion Group Named Co-Founder of Resapp Health to Board      

Alcidion Group, a global leader in Clinical Informatics, appointed Brian Leedman to the board of the company. Leedman is the co-founder of Resapp Health where he currently serves in the role of Executive Director and VP, Corporate Affairs. Leedman is a marketing and investor relations professional with over 10 years' experience in the biotechnology/healthcare industry.

Jayex Healthcare Announces Resignation of Directors         

Jayex Healthcare, healthcare self-service solutions and patient flow management company, announced that John Allinson has tendered his resignation as Director of the company. Allinson has been part of the Jayex Group since 2006 in both executive and non-executive roles during this time.

Shane Tanner has tendered his resignation as director of the company. Tanner has served on the JHL Board since September 2015 and has overseen the company’s Initial Public Offering on the ASX together with the acquisition of Appointuit Pty Ltd. and Jayex Technology UK.

Certive Solutions Appoints United Healthcare Exec as VP of Sales  

Certive Solutions appointed Michael Groeger as VP of Sales. With over 30 years of healthcare distribution experience, Groeger comes to Certive from United Healthcare having spent the last eight years as the National Director of Private Equity Distribution of Commercial Products.

CIOX Health Appoints Couple of New Board Members       

Health information management company CIOX Health announced appointment of Jeremy Delinsky and Jeff Hammerbacher to its board of directors. Delinsky is CTO of Wayfair and Hammerbacher is the founder and chief scientist at Cloudera and an assistant professor at the Icahn School of Medicine at Mount Sinai.

Cognosante Appoints VP of Capture from NCI

Cognosante, provider of consulting, technology, and BPO services to healthcare organizations in the United States, appointed Sean Bauer as VP of Capture. In this role, Sean will apply 20 years of executive management and leadership experience and an extensive track record designing innovative business solutions to enhancing the company's business acquisition process and client portfolio. Prior to joining Cognosante, Sean served as VP of Capture Management at NCI.

Healthways’ CEO Donato Tramuto to Join Sharecare Board

Donato TramutoHealth and wellness engagement platform Sharecare announced it is acquiring the Population Health business of Healthways. Donato Tramuto, Healthways’ CEO, will join the Sharecare board of directors to ensure continuity in customer support and successful growth for the Population Health business.

Millennium Health Appoints CFO and Chief Administrative Officer

Personalized medicine & health solutions Millennium Health named Michael Keane as CFO. Most recently, Keane was EVP and CFO of Genomatica.

The company also appointed Thomas W. Arnst as Chief Administrative Officer. Most recently, Arnst was EVP, chief administrative officer, general counsel, head of global HR and corporate secretary at Expert Global Solutions until its sale to Alorica in June 2016.

Date Range: June 13th - August 1st

Tech Executive Appointments and Departures: JPMorgan Chase, Eli Lilly, AIG & Several Others

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JPMorgan Chase Announces CIO ChangesLori Beer

JPMorgan Chase promoted Lori Beer to CIO for corporate and investment banking. She remains managing director of global technology, overseeing banking operations, including investment banking and treasury services. Her predecessor, Mark Ashton-Rigby, is leaving for Barclays Plc.

Verizon Appoints Cisco Exec as VP, Smart Communities     

Mrinalini Ingram joined in the newly created position of VP, Smart Communities at Verizon. In this highly visible role, Ingram will shape the long-term vision and lead the execution of Verizon's Smart Communities product and solutions organization. Ingram came to Verizon from Cisco, where she spent 16 years, nearly a decade of which as a pioneer developing the Smart Communities industry on a global scale.

United Technologies Names GE's Vince Campisi as Digital SVP and CIO  

United Technologies appointed Vince Campisi as SVP, Digital, and CIO. He succeeds Nancy Davis, who will retire at the end of 2016, concluding a 37-year career at UTC. Campisi most recently served as COO for GE Digital. Campisi started with GE in 1999 and progressed through leadership roles in software development, IT, quality and operations. His most recent previous position was as General Manager, Cloud Services & CIO for GE Software.

Eli Lilly and Company Promotes Aarti Shah to SVP and CIO           

Aarti ShahEli Lilly and Company announced the promotion of Aarti Shah, Ph.D., to SVP and CIO. She has been the global brand development leader for immunology since 2013. Shah joined Lilly in 1994 as a senior statistician after completing her doctorate in applied statistics. In her new role, she will lead the efforts of a worldwide IT organization with more than 1,300 employees, in addition to many contractors and external business partners, to deliver innovative IT solutions to the business.

Boeing’s SVP for Engineering, Test & Technology Adds on CTO Role       

Boeing Company has appointed Greg Hyslop as CTO, replacing John Tracy. Hyslop was recently Boeing's SVP for Engineering, Test & Technology. He will continue in that role, reporting to Boeing chairman, president and CEO Dennis Muilenburg and serving on the company's executive council, while taking on the CTO duties.

Deloitte Exec to Lead Accenture Security     

Accenture announced Kelly Bissell is joining the company to lead Accenture Security. Bissell brings extensive knowledge of the cyber security landscape and comes to Accenture from Deloitte & Touche, where he headed up global Cyber Risk for the firm. During his career, he has served in almost every IT capacity from developer, network engineer, data center director, CISO, CTO and CIO.

Scotiabank Appoints Silicon Valley Technology Leader as EVP, Digital Banking    

Scotiabank announced that it has appointed Shawn Rose to the newly created position of EVP, Digital Banking. Most recently, he served as Group Chief Product Officer at Moneysupermarket.com, and previously as a CTO and VP of Core Platforms at Pearson, the largest education company and book publisher in the world. He also held senior roles at Ustream, FOX Broadcasting and CBS Interactive.

AIG Appoints JPMorgan Chase Exec as Chief Digital Officer          

AIG announced that Michael Lewis will join AIG as Chief Digital Officer. Most recently, Lewis served as global CTO, Digital for the consumer businesses at JPMorgan Chase. Lewis has also held senior technology roles at organizations such as Lloyd’s Banking Group, where he was Group CTO, and Bank of America, where he served as SVP, Technology Architecture & Development Executive.

UBS Group Names Standard Chartered IT Exec as CIO      

UBS Group named Michael Dargan as CIO. Dargan, who will assume his role in mid-September, will be responsible for group technology. Dargan was most recently Standard Chartered’s CIO for corporate and institutional banking.

Airbus Group Announces Technology Executive Changes    

Airbus Group appointed Paul Eremenko as its new CTO. Eremenko is currently heading the Group's A3 Innovation Centre based in San Jose, California. He is an aeronautics and astronautics engineer and worked at Google, Motorola and DARPA, the Pentagon's research agency. In his new capacity, Paul Eremenko is joined by Andy Anderson (58), who since the departure of the previous CTO Jean Botti (58) end of March was serving as acting CTO. As of 1 July 2016, Anderson, a 20-year veteran of Airbus Group, will resume his previous role as COO for the CTO organization and serve as Deputy to Paul Eremenko.

Nordea Establishes New Group Digital Unit; Announces Executive Changes         

Nordea established a new Group Digital unit with the objective to drive the digital agenda forward across the group.   The unit will be co-headed by Poul Raaholt, previously head of Group IT at Nordea, and Ewan MacLeod, previously responsible for the Retail digital transformation programme at Royal Bank of Scotland.

Alvaro Garrido, previously Group Head of Technology at Standard Chartered Bank, is appointed new head of Group IT.

VMware Names Intel's Chief Linux and Open Source Technologist as VP and Chief Open Source Officer

Dirk HohndelVMware appointed Dirk Hohndel as VP and Chief Open Source Officer. Before joining VMware, Hohndel spent nearly 15 years as Intel's Chief Linux and Open Source Technologist, guiding Intel's engagements in open source. Prior to his work at Intel, he served as CTO of SuSE and Unix Architect of Deutsche Bank.

RBS Appoints JP Morgan Chase Exec as the Head of Technology for its Global Hub in India       

RBS has appointed Punit Sood as the Head of Technology for its Global Hub in India. Sood previously worked at JP Morgan Chase. Sood has also worked at Citibank, Mphasis and GE Capital Services.

Givaudan Announces IT Executive Changes 

Givaudan has announced the retirement of Adrien Gonckel as CIO.  Fabien Jaunault, currently Head of IT Demand, is appointed Head of Global Information Management & Technology (IM&T). As Head of Givaudan Business Solutions, Anne Tayac will be responsible for designing Givaudan Business Solutions (GBS), a global organization for business services and solutions, to be gradually implemented in support of Givaudan's 2020 strategic pillar 'delivering with excellence'.

CA Appoints Former AirGrub and Cisco Exec as GM of India Technology Center  

CA Technologies announced that Surya Panditi has been named General Manager of its India Technology Center. Before joining CA, Panditi held leadership positions at several startups, including CEO of AirGrub, Advisor to StageOne Ventures and Advisor at Rasa Networks, acquired by Hewlett Packard Enterprise. Prior to that, he was SVP and GM of Cisco's Service Provider Networking Group.

Seagate Technology Promotes President of Operations and Technology to COO    

Seagate Technology has appointed William D. Mosley as the company's COO. Mosley has served as President of Operations and Technology since October 2013. He joined Seagate in 1996. Prior to joining Seagate, Mosley was a Research Physicist at Lawrence Livermore National Laboratory and a Senior Engineer at Micropolis and Conner Peripherals.

CBRE Group Appoints Capital One Exec as Chief Digital & Technology Officer   

CBRE Group announced that Chandra Dhandapani has been named the company’s Chief Digital & Technology Officer. Dhandapani is a longtime technology executive at Capital One Financial Corporation. Most recently, she served as Digital Transformation Leader and CIO of the banks Financial Services division, comprised of Capital Ones Auto Finance, Mortgage, Home Equity and Home Loans Servicing businesses.

Lincoln Electric Company Promotes Michele Kuhrt as EVP and CIO          

The Lincoln Electric Company has promoted Michele Kuhrt to EVP and CIO. Kuhrt joined Lincoln Electric in 1997 as Director of Taxes and in 2006 was elected as a Company Officer and SVP, Tax with responsibility for Lincoln Electric's global tax matters and the US payroll shared services center.

Starz Promotes Broadcast Engineering and Digital Platforms           Execs

Starz announced the promotion of Brad Martens to SVP, Broadcast Engineering and Jason Wyrick to SVP, Digital Platforms. Martens is responsible for the engineering, operations and transmission of the STARZ and STARZ ENCORE channels. Prior to joining the Starz engineering team in 2008, Martens was a Project Engineer with Beck Associates and served as Senior Director of Engineering and Operations for TCI/AT&T Broadband’s Digital Media Center.

Wyrick joined Starz in 2005 and was most recently VP of Digital Platforms at Starz. Prior to joining the company, Wyrick held a variety of management and engineering positions at both Fortune 500 companies as well as startups.

Pure Storage Appoints Epic Exec as VP and CTO of Global Healthcare Solutions  

Enterprise flash storage solutions company Pure Storage announced that Vik Nagjee has joined the company as VP and CTO of Global Healthcare Solutions. Prior to joining Pure, Nagjee was the CTO of Epic, where he directed the architecture, implementation and business development of Epic's service provider business, Epic Hosting.

Intercontinental Exchange Exec to Join TMX Group as CIO           

TMX Group appointed Jay Rajarathinam as CIO. Most recently, he served as SVP, Global Head of Infrastructure, Intercontinental Exchange. Prior to that, he held senior positions at Barclays and Wells Fargo.

Shutterstock Announces the Resignation of Anshu Aggarwal as CTO          

Shutterstock announced that Anshu Aggarwal, CTO of the company, notified the company of his decision to resign from his position, to spend more time with his family. The company has commenced an external search for a CTO to succeed Aggarwal.

Blackhawk Network Appoints CTO from PayPal

Sachin DhawanBlackhawk Network announced that Sachin Dhawan has been appointed to SVP, CTO. Most recently, Dhawan was VP of engineering for global consumer products at PayPal where he led development of the company's digital wallet and global omnichannel shop products.

ADP Exec Joins ExlService as CTO  

ExlService Holdings, the provider of decision-analytics, operation management, outsourcing, business transformation and IT services, appointed Mike Toma to the role of CTO. Mike is joining the company after nearly 13 years with ADP. Most recently, as SVP & CIO, he led ADP’s International product and technology organizations in Europe, Latin America, and Asia Pacific regions.

Chinese Online Consumer Finance Marketplace Yirendai Appoints COO and CTO 

Yirendai, a leading online consumer finance marketplace in China, appointed Yang Cao to the positions of COO and CTO of the company. Prior to joining Yirendai, Cao was the GM of Asia-Pacific operations at xAd. Cao also served as CTO of WhitePages and held technology executive positions at TokBox and StarCite.

Himax Technologies Announces Retirement of CTO

Himax Technologies announced CTO and SVP Chih-Chung Tsai has retired from his current position after 15 years of service and 11 years as the company’s CTO. Tsai will remain with the company and assume the position of vice chairman of Himax Technology Limited.

FBL Financial Group and Farm Bureau Financial Services Announce CIO Changes

Casey Dbecker has been named CIO of FBL Financial Group and its affiliated insurance companies that go to market as Farm Bureau Financial Services. In this role, Decker will be responsible for all aspects of the company’s IT efforts, replacing Daniel Greteman, who served as CIO since January 2015. Decker joined FBL in 2004 as a programmer analyst and progressed to Business Technology VP. Since 2014, Decker served as Agency Support VP.

Premier Promotes Leigh Anderson to SVP and CIO

Leigh AndersonPremier, a leading healthcare improvement company, promoted VP - COO, ITS Leigh Anderson to SVP and CIO. Anderson will assume the responsibilities of Keith Figlioli who resigned from his position as SVP of healthcare informatics. Prior to joining Premier, he served in lead informatics roles at Hospital Corporation of America, Health Trust, Global Healthcare Exchange (GHX) and AT&T.

KCG Holdings Appoints New CTO Replacing Jon Ross      

KCG Holdings announced that Mike Blum, who joined the firm in January as Global Head of Client Technology, has been named CTO. Jon Ross, KCG's CTO, will be leaving the company to pursue a variety of personal projects in the technology space, unrelated to trading and markets. Most recently, Blum was CTO at Teza Technologies. Ross will remain at KCG as CTO through the transition period.

EarthLink Appoints Chief Information and Product Officer

EarthLink Holdings appointed Jacob J.  Ferro (Jay), Jr. as EVP, Chief Information and Product Officer. Ferro will provide leadership and oversight of EarthLink's technology operations including R&D, product and customer services offerings and investments. Prior to joining EarthLink, Ferro was CIO of the American Cancer Society (ACS) where he was responsible for the people, strategy and operations of hundreds of local offices nationwide. 

Date Range: June 13th - August 8th

Tech CEO Turnover in July - 130 Open CEO Roles and 78 CEO Appointments‏

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Detailed Version of Newsletter for month ended July 2016 

Welcome to our CEO Turnover Newsletter. This newsletter covers open CEO roles and latest appointments in the tech sector in the month of July 2016. 

The average length of time the CEO searches have been open is 6.5 months, up from 5 months earlier this year. There is little variance across geographies.

Total Tech CEO Roles Open: 130
New Tech CEO Appointments: 78 (2 women, 76 men)

New Technology CEO Stats 

New Tech CEO Openings: 13 – Avnet (AZ), Torstar (Canada), Great Elm Capital Group (MA), LOGIX Communications (TX), Ericsson (Sweden), William Hill (UK), NLY Scandinavia (Sweden), Pocket App (UK), Coins.sx (UK), Ericsson Power Modules (Sweden), 8Telecom International Holdings (China), B.S.D. Crown (Israel), Rent.com.au (Australia)

CEOs Appointed

Sources of Appointments: 40 were External appointments, and 38 were internal promotions – Chair/Director (5), COO/President/EVP-Operations (10), CFOs (4), Divisional execs (3), iCEO (4), Others (12)

Others:  founders, former execs, CFOs, CMOs, Sales Leaders, CTOs, Chief Strategy Officers, and Leaders from acquired companies, etc.

Diversity: 2.56% of the appointments are women CEOs. Gravity4 (CA) and PagerDuty (CA).

Geographic Distribution47 in North America, 16 in Europe, 15 in Asia/Russia/Australia.

The average and median times open CEO roles have been open are about 6.5 months, and there is little variance by continent.  The longest open searches are:

#1 -  TeleCity Group, London, UK - $529.6M, September 2014  
#2    Shanda Games Limited, China - $714M, November 2014  
#3 - Atmel Corporation, San Jose, CA -  $1.4B , May 2015
#4 -  Wi-LAN, Ottawa, Ontario - $98.3M, June 2015.     

Want to keep up to date? Get more updates on new board members (Tech execs on tech and non tech boards; women board members), on new execs/board updates for the Giants, the software industry, and many more. A summary of Vell Research Reports and board/exec updates can be found here. Vell Research Reports and Exec/board moves.

Dora Vell

Vell Executive Search
t: 617-530-1260 | dora@vell.com

Vell Executive Search is a retained executive search firm that specializes in recruiting technology execs for boards and executive roles, such as CEOs and C-Levels. Vell has built a reputation for recruiting talented high-performing leadership teams globally.  www.vell.com

In this Edition

Tech Companies - CEO Roles Open
Tech Companies - CEO Roles Announced
Vell Research Reports and Summary Updates
Vell Executive Search Recent Placements
Vell Executive Search Team

You can subscribe to our Open Roles Newsletters and research reports.

Tech Companies: CEO Roles Open

 This is the detailed version of the Open CEO roles
 
Ericsson, Sweden - $28.2B, July 2016
Ericsson (ERIC) announced Hans Vestberg resigned as President and CEO and member of the Board, with immediate effect. Jan Frykhammar, Executive Vice President and CFO, will assume the CEO position until a new CEO is in office. Carl Mellander, currently VP & Group Treasurer, is appointed acting CFO with immediate effect.
 
Avnet, Arizona - $26.8B, July 2016
Avnet announced that William J. Amelio, a member of Avnet’s Board of Directors, has been named as interim CEO of the company. Amelio is replacing Rick Hamada, who is stepping down from his position at the company and on the Board of Directors. Mr. Amelio was the president, CEO and a director of CHC Group Ltd, from 2010 to 2015. From 2005 to 2009, he served as president and CEO of Lenovo.
 
The Priceline Group, Connecticut - $9.6B, June 2016
The Priceline Group announced that COO Brett Keller has been named Interim CEO of priceline.com. Paul J. Hennessy, who has acted as CEO of since 2015, has resigned to pursue an ecommerce opportunity outside of the travel space. 
 
Sabre, Texas - $3.1B, June 2016 
Sabre Corporation announced that Tom Klein, President and CEO, intends to resign. Klein will resign from the Board of Directors of the Corporation effective as of December 31, 2016.
 
William Hill, UK - $2.4B, July 2016

The Board of William Hill PLC announced that James Henderson is stepping down as CEO with immediate effect. Philip Bowcock, CFO, has been appointed as Interim CEO. The search for a permanent replacement has been instigated.

Cypress Semiconductor, California, $1.81B, April 2016
Cypress Semiconductor Corp. announced that its CEO, T.J. Rodgers, will step down. In the interim, daily operational activities will be taken over by an Office of the CEO comprised of four current Cypress EVPs: Hassane El-Khoury (EVP, Programmable Systems Division), Dana Nazarian (EVP, Memory Products Division), Joe Rauschmayer (EVP, Manufacturing) and Thad Trent (CFO). Rodgers will remain on the Cypress Board and become a project leader working on key technical projects.

T-Mobile Netherlands B.V., Netherlands - $1.8B, June 2016
Deutsche Telekom announced a complete revamp of its management team at T-Mobile Netherlands. The new Dutch team will see its CEO named this summer, as the current CEO Mark Klein is leaving in September to join Ergo.

Atmel Corporation, San Jose, CA - $1.4B, May 2015   
Steven Laub, president and CEO of microcontroller vendor Atmel, plans to step down Aug. 31, according to the company. Atmel said its board will conduct a search for Laub’s successor. Both internal and external candidates will be considered.

Salt Mobile SA, Switzerland - $1.4B, December 2015    
Swiss mobile operator Salt CEO Johan Andsjo has resigned, with immediate effect. The board of directors has appointed Pierre-Alain Allemand as the company's interim CEO. Allemand has been at Salt since the recent change of ownership. A search for Andsjo's successor has been initiated.
 

Pelephone Communications, Israel - $1.03B, October 2015
Gil Sharon, CEO of Pelephone, announced that he was ending his tenure after ten years as CEO of the company, following his upcoming appointment as CEO of Discount Investment Corporation. Sharon will be leaving Pelephone in three months, after transitioning the role to his successor.
 

Black Box, Pennsylvania - $964.4M, December 2015     
Black Box Corporation announced that Michael McAndrew will be stepping down as the President and CEO of the company, effective upon the appointment of his successor. Mr. McAndrew will remain available to ensure a smooth transition. The Nominating & Governance Committee of the Board is in charge of succession planning and has engaged a national executive search firm to conduct an external search for candidates.
 

Xchanging plc, UK - $836.00M, January 2016
Ken Lever intended to retire from his role as CEO and from the Board of Xchanging plc. Ken Lever ceased be a Board Director and employee of the Company at the close of business on 31 December 2015.

Shanda Games Limited, China - $714M, November 2014  
Yingfeng Zhang has been appointed as acting CEO and the Board will begin a global search for a permanent successor.

Imation, Minnesota - $678M, October 2015
Imation announced that Bob Fernander, an existing member of the company’s Board of Directors, has been appointed as Interim CEO.

Kulicke and Soffa Industries, Singapore - $612M, October 2015     
Bruno Guilmart that he will step down as President, CEO and as a Director of the company effective immediately. The Board has named Jonathan H. Chou, Kulicke & Soffa’s SVP and CFO, to fill the role of interim CEO and it has formed a committee to conduct a search for a permanent successor among external and internal candidates.

Torstar, Ontario - $565.3M, July 2016
Torstar Corporation announced that David Holland has decided to retire as President and CEO of Torstar Corporation later this fall. Torstar has initiated a search to fill the joint position of President and CEO of Torstar and Publisher of the Toronto Star. Mr. Holland has worked in a number of divisions within Torstar since 1986, and has served as President and CEO for the past seven years.

TESSCO Technologies, Maryland, $530.7M , May 2016
TESSCO Technologies  announced launched a CEO succession plan and are now engaged in a search for a new CEO with experience in achieving superior profitable growth through innovative marketing, sales and productive operations. The company expects the new CEO to be hired sometime during fiscal year 2017. In the meantime, Bob Barnhill remains the CEO, firmly dedicated to driving performance.

TeleCity Group, London - $529.6M, September 2014    
Michael Tobin, who had led the FTSE 250 group for a decade, left the company, with chairman John Hughes taking over executive responsibilities while a replacement is found.

UXC Limited, Victoria - $529.4M, November 2015         
UXC Limited announced that Managing Director & CEO, Cris Nicolli has informed the Board of Directors of his intention to retire in 2016. A succession planning process has been in place for some time to enable the Board of Directors to choose Nicolli's successor and both internal and external candidates have been considered for the role.

QLogic, Aliso Viejo, CA - $520.2M, August 2015       
QLogic appointed Christine King as executive chairman and Jean Hu as acting CEO. Hu has served as SVP and CFO since 2011 and will continue in that role and retain her CFO responsibilities while serving as acting CEO. Prasad Rampalli has resigned his positions as president and CEO in order to pursue other opportunities.

TiVo, California - $480.6M, November 2015        
TiVo announced that Thomas S. Rogers, its current CEO and president, will be stepping down from that role effective on the earlier of January 31, 2016 or upon the appointment of his successor.

5N Plus, Quebec - $366.4M, November 2015      
5N Plus announced that Jacques L'Ecuyer has informed the board of directors of the company of his desire to step aside from his current position of president and CEO. He will remain as President and CEO until the new President and CEO has been appointed by the board of directors.

FARO Technologies, Florida - $330.4M, November 2015
FARO Technologies announced that Jay Freeland plans to step down as President and CEO and member of the Board of Directors. Freeland will remain in his current role until a successor is appointed. Freeland is leaving to pursue other business and personal interests.

Tangoe, Connecticut, $219.4M , May 2016
Tangoe announced that Albert R. Subbloie, Jr. resigned from his positions as President and CEO and as both a member and Chairman of the Board of Directors. On May 2, 2016, the Board appointed James D. Foy, one of the company's directors, as Acting CEO.

exceet Group, Luxembourg, $197.20M, March 2016
Ulrich Reutner has decided to resign as CEO of exceet Group SE and from related functions for private reasons on 1 March 2016. He will continue to support exceet until the end of 2016 to ensure a smooth transition and to support the planned divestment of the IDMS segment with his experience in this market. The CFO of exceet, Wolf-G\xFCnter Freese, will act in addition to his duties as CFO, as CEO ad interim with immediate effect.  

Automated Systems Holdings, Hong Kong - $194.7M, September 2015   
Leung Tat Kwong, Simon has resigned as an Executive Director and the CEO of the Company with effect from 1st October 2015; Wang Yueou has been appointed as the Acting CEO of the Company with effect from 1st October 2015 and continues to act as an Executive Director and the Joint Company Secretary of the Company.

3i Infotech, India - $175.0M, June 2016
3i Infotech announced that Mr. Madhivanan Balakrishnan, Managing Director & Global CEO of the company has decided to step down. Padmanabhan Iyer, Director and CFO of the company shall be designated as the acting CEO of the company in addition to his current role.

First Sensor, Germany, $163.1M, May 2016
First Sensor AG announced that CEO Dr. Martin U. Schefter to leave the company.

Global Sources, Hong Kong, $162.10M, March 2016
Global Sources  announced that CEO Spenser Au is retiring. He will remain engaged until the end of the year to assist the company in transitioning to a successor.

Speed Commerce, Texas - $140.6M, December 2015   
On December 17, 2015, Speed Commerce announced that Dalton Edgecomb was appointed as its Interim CEO and Interim President, and Bruce Meier was appointed as its Interim CFO. Mr. Edgecomb is a principal of Winter Harbor, LLC and has more than 20 years of experience advising companies through cash management and cost reduction, capital structure refinancing, crisis management and business plan development for restructuring purposes.

Capinfo Company Limited, Beijing - $130.5M, November 2015
The board of directors of Capinfo Company Limited announced that due to change of work allocation, Dr. Wang Xu has tendered his resignation as Chairman, executive director, CEO and chairman of Nomination Committee and Strategy Committee of the company which will be effective when a new Chairman is elected by the Board. Dr. Wang Xu confirmed that he did not have any disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

Pricer, Sweden, $109M, May 2016
Pricer AB announced the resignation of Jonas Vestin as President and CEO. The Board of Directors of has appointed Charles Jackson as acting CEO. Charles Jackson has been with Pricer during the period 2002 - 2010 and returned to the position of EVP in 2014.

GB Group, U.K, $100.5M, April 2016
GB Group plc announced that, after 13 years as CEO of GBG, Richard Law has formally decided to retire and asked the board to start the search for a successor. Richard has family matters that need his attention and these can be best served by him following a more flexible portfolio career once his commitments to GBG have been fulfilled.

Q-Free ASA, Norway - $99.2M, November 2015 
In a board meeting in Q-Free ASA held on November 3, 2015 the board approved the step down of Thomas Falck as CEO of the company with immediate effect. CFO Roar is appointed as interim CEO in the company.

Wi-LAN, Ottawa, Ontario - $98.3M, June 2015        
CEO James (Jim) Skippen intends to retire and will stay on until such time as a suitable replacement has been identified and hired. A special committee of the Board will immediately begin the search for a new permanent CEO with the assistance of a leading search firm.

Avanza Bank Holding AB, Sweden - $94.5M, December 2015
Avanza announced that its CEO Martin Tiveus intends to leave his position. He will remain in his current role during his six months period of notice. Martin Tiveus became CEO of the company in 2011.

Omesti Berhad, Malaysia - $92.7M, December 2015     
Omesti Berhad announced that Gan Nyap Liou alias Gan Nyap Liow, Managing Director will resign. The effective date is December 31.

Mobotix AG, Germany - $89.4M, February 2016 
MOBOTIX AG has announced the resignation of Klaus Gesmann as CEO, CFO, and as a member of management board. An interim manager will initially be placed in charge of the Finance department, previously under his control, while CTO Dr. Oliver Gabel is temporarily taking over the Purchasing department. A third board member will be appointed in the near future.

8Telecom International Holdings, China - $83.1M, July 2016
8Telecom International Holdings Co. Ltd. Announced that resignation of Ye Tianyun as Executive Chairman and CEO of the company, effective from July 26, 2016.

Tecnotree, Finland, $82.4M, April 2016
Tecnotree has announced the resignation of Ilkka Raiskinen as CEO following its application for a restructuring programme designed to stave off bankruptcy. Tecnotree appointed the EVP MEA & APAC Padma Ravichander as Interim CEO. Ravichander has been with Tecnotree for duration of 5 years.

Perceptron, Michigan - $78.30M, January 2016
Perceptron announced that the board of directors of the company appointed current Board Chair W. Richard Marz as interim president and CEO. Mr. Marz will continue to serve as chairman of the board. Mr. Marz succeeds Jeffrey M. Armstrong, who resigned his roles as director, president and CEO of the company, effective January 26, 2016. The Board of Directors will initiate a search to identify a new president and CEO of the Company. Mr. Marz will serve as interim president and CEO until a successor is appointed.

Daiwa Associate Holdings, Malaysia - $68.5M, November 2015        
The board announced that Mr. Hui Lap Shun John, an executive Director of the company, has been appointed as the chairman of the company and the acting CEO with effect from November 25, 2015.

Mesiniaga Bhd, Malaysia - $50.9M, December 2015      
Mesiniaga Berhad announced that Mohamed Fitri Bin Abdullah, managing director will resign. The effective date is January 01, 2016.

GuestLogix, Toronto, Ontario - $50M, September 2015    
GuestLogix announced that Brett Proud has advised the Board that effective immediately he is retiring from his position as CEO and Director. Proud has agreed to remain available to the Board and management in a consultative role through the end of the year. A special committee of the Board has begun the search for a new permanent CEO. In the interim, Chairman Louis Belanger-Martin will play a larger role in both the strategic direction of the business, as well as the oversight of critical client and partnership relationships.

Blue Star Infotech, India - $43.40M, January 2016
Blue Star Infotech announced that at its board meeting held on January 27, 2016, the board has accepted the resignation of Mr. Sunil Bhatia as CEO and MD. The board also approved the resignation of Mr. Aloke Ghose, as CFO and Company Secretary. Mr. V. Sudarshan was appointed as CFO and Company Secretary, effective January 27, 2016. He has also been appointed as Compliance Office, effective January 27, 2016.

Ensogo, Hong Kong - $43.6M, June 2016
The Board of Ensogo advised that it has accepted the resignation of CEO, Mr. Kris Marszalek. Marszalek is a co-founder of E88 and has been the CEO since August 2014. The Board is yet to announce the appointment of a new CEO.

Lantronix, California - $42M, November 2015    
On November 18, 2015, Kurt Busch resigned as President and CEO of Lantronix Mr. Busch also resigned as a member of the Board of Directors of the company and withdrew himself as a nominee for director at the company's AGM scheduled to be held on November 19, 2015. The Board appointed Jeremy Whitaker, as interim CEO of the company, while the Board finalizes the search for a new CEO.

Fireswirl Technologies, Vancouver, BC - $41.2M, September 2015    
Fireswirl Technologies announced that Tony Lau has resigned as the CEO, President and CTO of the company and as a member of the company's board of directors. Lawrence Ng has been appointed to replace Lau as the company's Interim CEO and has been appointed to the board.

Bull Will Co., Taiwan - $41.00M, January 2016
Serial System announced resignation of Mr. Peter Ho I Chin as Executive Chairman and Group CEO of Bull Will Co., Ltd, effective from January 07, 2016.

Elephant Talk Communications, New York - $33.2M, November 2015
Elephant Talk Communications appointed Robert H. Turner as Executive Chairman and Tim Payne, the current President of Elephant Talk North America, as interim CEO. Together, both appointees will be responsible for managing and growing Elephant Talk's global operations. Mr. Steven van der Velden has stepped down as Chairman, CEO and a director of the Company.

Towerstream Corporation, Rhode Island - $31.7M, February 2016    
On February 16, 2016, the Board of Directors of Towerstream Corporation appointed Philip Urso as Interim CEO and Arthur Giftakis as COO of the company. Mr. Urso presently serves as Chairman of the Board of Directors and Mr. Giftakis as SVP of Engineering and Operations of the company. Urso co-founded Towerstream, has served as the company's director and chairman since inception and was CEO from inception until November 2005.

zamano, Ireland, $26.400M , May 2016
The Board of zamano plc announced that Ross Conlon has tendered his resignation as CEO and director of the company with effect from May 9, 2016 to pursue other interests. Ross has agreed to facilitate a smooth handover. The board will immediately commence a process for the appointment of a new CEO of the company.

Act-On Software, Oregon - $24.9M, October 2015
Act-On Software's CEO and Chairman Raghu Raghavan is stepping aside from the company. Raghavan, who will still be involved with the company, said a new CEO will be named soon. Prior to Act-On, Raghavan helped to start California-based Responsys.

Nexgram Holdings Berhad, Malaysia - $24.7M, June 2016
Nexgram Holdings Berhad announced the resignation of Mr. How Han Lun as executive director and interim CEO of the company with immediate effect.

Temple & Webster, Australia, $24.0M, April 2016
Board of Temple & Webster Group Ltd. has accepted the resignation of Brian Shanahan as CEO and also appointed Mark Coulter, current COO as Interim CEO.

Daegis, Texas - $23.7M, November 2015 
Daegis announces management changes with the terms of the merger agreement and effective as of the effective Time on November 23, 2015. Timothy P. Bacci and Susan K. Conner were removed from the positions of CEO and CFO, respectively, of the company.

Anoto Group, Sweden, $22.80M, March 2016
Anoto Group AB (publ) appointed Joonhee Won a new interim CEO. Stein Revelsby will resign from office with immediate effect after five years as CEO. The recruitment process of finding a long-term alternative as CEO will be initiated within a few months.

Photon Control, Canada - $21.5M, June 2016
Christopher Weston has stepped down as President and CEO and has resigned from the Board of Photon Control. Michael Goldstein, Deputy Chairman of the Board, has been appointed Chairman and Acting CEO.

Publishing Technology, UK - $21.4M, September 2015    
Publishing Technology PLC announced that after careful consideration, the Board announced that Michael Cairns has stepped down as CEO with immediate effect and will be replaced as acting CEO by the company's current CTO David Montgomery.

Panoramic Universal Limited, India - $21.20M, January 2016
Panoramic Universal has announced that Mr. Babu Iyer intimated about his intention to resign as Director from the Board of the Company and as Managing Director of the Company.

RoomLinX, Colorado - $20.8M, February 2016    
RoomLinX announced that in order to focus on capital requirements, public markets, investor & public relations, and M&A opportunities, effective January 4, 2016, Aaron Dobrinsky, CEO, has handed all of his day to day executive positions at the company and its subsidiaries to existing members of the management team. With his focus to help build shareholder value, Mr. Dobrinsky has assumed the role of Chairman of the Board.

Europtronic Group, Singapore, $18.7M, April 2016
Europtronic Group Ltd. announced the resignation of Mr. Huang Chien-Hung as CEO and Executive Director of the company with effect from 8 April 2016. In the interim period, the duties of the CEO would be undertaken by the Vice Chairman the Company, Mrs. Huang Chuang Shueh-Ou.

Ground Properties, Hong Kong - $16.7M, November 2015      
Ms. Chai Xiu had tendered her resignation as the CEO of the Company with effect from 10 November 2015 in order to devote more time on her other business commitment. Ms. Chai will remain as an executive director and the chairman of the Company. The Company is in the process of identifying a suitable candidate to assume the role as CEO and further announcement in this regard will be made as and when appropriate.

Posera-HDX Limited, Toronto, ON - $16.1M, September 2015    
Posera-HDX announced that Paul K. Howell has stepped down as CEO effective immediately. Mr. Howell will continue as a director of the company. An interim CEO will be appointed as soon as possible.

LRAD, California, $15.20M, March 2016
Tom Brown, the company's President and CEO, is resigning from the company. The company's Board of Directors has initiated a replacement search. Mr. Brown joined the Company as a member of the Board in March 2006 and became President and CEO in August 2006.

Image Sensing Systems, Minnesota - $15.2M, June 2016
Image Sensing Systems announced that Dale Parker has resigned as CFO, Interim CEO, COO and Director. The board has appointed Chad Stelzig as Interim CEO. Mr. Stelzig has most recently served as VP of Engineering of ISS in addition to his prior position as Director of Algorithm and Software Engineering at the Company.

Corum Group Limited, Australia - $13.8M, November 2015     
Corum Group Limited announced that David Tonuri has resigned from his positions of Managing Director and CEO with immediate effect. Current CFO, David Clarke, has assumed the position of interim CEO. David will hold this position for the time necessary for the board to undertake a search process for a new CEO.

RiT Technologies, Israel - $13.2M, June 2016
RiT Technologies  announced that Yossi Ben Harosh has resigned from his position as the President and CEO.

Schmitt Industries, Oregon - $13.00M, January 2016
Schmitt Industries announced that on January 8, 2016, James A. Fitzhenry, the President and CEO of the company tendered his resignation as an officer of the company, including any positions held with any of the company's subsidiaries. Mr. Fitzhenry will retain his position as a director of the company. On January 8, 2016, the company appointed board member David M. Hudson as its Interim President and CEO.

Pinnacle Technology Group plc, UK - $11.90M, January 2016
Pinnacle Technology Group plc announced that Nicholas Scallan, CEO, intends to step down from the Board at this year's Annual General Meeting proposed to be held on 23 March 2016. He will remain as CEO until this time. As announced on 7 December 2015, James Dodd will also step down as a non-executive director at the time of the AGM.

International Datacasting Corporation, Ontario - $7.2M, February 2016    
International Datacasting Corporation announced a change in management. As previously announced, the Board has commenced a formal process to explore strategic alternatives with a view to enhancing shareholder value. Accordingly, IDC's Senior Management team including the Co-CEO's Chris Barrett and Steeve Huin, as well as the CFO, Steve Archambault, have voluntarily offered their resignations. Archambault has agreed to serve as CFO and interim CEO during this transition period.

SpendSmart Networks, California, $6.46M, March 2016
Alex Minicucci resigned his position as CEO and was appointed to the position of Chief Strategy Officer. The Board of Directors appointed Chairman Jerold Rubinstein to the position of interim CEO. Mr. Rubinstein will serve as interim CEO until the appointment of a permanent CEO. Mr. Rubinstein has served as a member of the Board of Directors and Chairman of the company's Audit Committee since October 2013.

Birdstep Technology, Norway, $6.37M, March 2016
Lonnie Schilling, the CEO of Birdstep Technology ASA will step down from his position as the company's CEO. Mr. Schilling will continue to serve as the company's CEO for the notice period of six months, which starts on April 1, 2016.

Spectra7 Microsystems, Canada, $6.07M, May 2016
The Board of Directors of Spectra7 Microsystems  announced with great sadness, the sudden death of its President and CEO, Tony Stelliga. Dave Mier, CFO, and Cynthia Cole, VP, General Counsel and Corporate Development, have been jointly appointed by the Board on an interim basis to lead the company's management team overseeing daily operations and corporate strategy. Mr. Mier and Ms. Cole will act in such capacity until the Board identifies an appropriate candidate for the position of President and CEO.
 

Great Elm Capital Group, California - $4.5M, July 2016
On July 18, 2016, Mr. Richard S. Chernicoff was appointed, on an interim basis, as CEO of the Great Elm Capital Group. Mr. Chernicoff will remain a member of the company's board of directors.

Asdion Berhad, Malaysia - $2.34M, November 2015     
Asdion Berhad announced that Tai Tee Yap, CEO has resigned. The effective date is November 11, 2015.

Sitestar, Virginia - $1.99M, December 2015       
On December 14, 2015, the Sitestar Corporation board of directors terminated Frank Erhartic for cause from his position as president and CEO of the company effective immediately. Mr. Erhartic also agreed to resign his position as a director of the Company effective immediately. The board has appointed Steven L. Kiel as interim president and CEO. Steven L. Kiel, 37, is the founder and president of Arquitos Capital Management.

Spindle, Arizona - $0.6M, June 2016
Spindle named Michael J. Schwartz as its Interim CEO. Schwartz replaces Bill Clark who has held the CEO role since 2011. Prior to joining Spindle, Schwartz was Chief Technology Officer, International Group of Fiserv.

OTCO International, India - $0.45M, November 2015   
OTCO International announced that Ms. Chinnamma Pullatu Mathew is re-designated as Non-Executive & Non-Independent director from her existing position as executive & non-independent director and CEO of the company. She is not holding the post of CEO hereafter.

Zaio Corporation, Alberta - $0.43M, November 2015    
ZAIO announced that David King has been terminated from his position as President and CEO by the Board of Directors. Joel Strickland, Chairman of the Board has been appointed interim CEO, and Phil Wazonek, currently a Zaio Director has been appointed interim President and COO.

VidWrx, Canada - $0.4M, June 2016
VidWrx announced that CEO Steve Hancock was injured in a cycling accident on June 8. Steve is currently hospitalized with serious injuries the full extent of which is still being assessed. As a result the Board of Directors announced that Steve will be stepping down as CEO and Director of the Company.

Rent.com.au, Australia - $0.3M, July 2016
Founder and Managing Director of Rent.com.au, Mr. Mark Woschnak, has announced that he is stepping down as Managing Director and CEO of Rent.com.au Limited and its associated entities. Mr. Greg Bader, who has been providing strategic consulting services to RENT, will assume the interim CEO role while a thorough recruitment process is undertaken by the board.

Vogogo, Canada - $0.2M, June 2016
Vogogo announced that Geoff Gordon will be resigning as President and CEO. Mr. Gordon has also indicated his resignation from the board of directors of the Company.

Agritek Holdings, Colorado - $0.03M, November 2015  
On November 4, 2015, Justin Braune resigned as the CEO and as the sole member of the Board of Directors of Agritek Holdings. B. Michael Friedman will act as interim CEO, and sole member of the board, and shall serve until the 2016 annual meeting of stockholders and thereafter, until his respective successor is duly elected, qualified and practicable to replace Mr. Friedman. Mr. Friedman was previously the company's CEO from 2009 until he was replaced by Mr. Braune in March 2015.

Kashin, Nevada, $0.01M, March 2016
On February 28, 2016 in a Consent to Action in Lieu of a General Meeting of the Shareholders of Kashin to remove and terminate Carl Maybin II as the CEO and as a Director, Richard Dryer as the CIO and as a Director, to appoint Richard Specht as the Interim CEO, Interim CFO and Interim President and to appoint Scott Kline as the CIO and as a Director.

Primary Opinion, U.K - $0.01M, December 2015
Primary Opinion Limited announced that Mr. Martin Burke has tendered his resignation as CEO & Managing Director of the company effective 10 December 2015. Mr. Burke will continue to assist the board for the next 3 months to ensure a smooth transition of the Australian operations.

BreedIT Corp., New York - $0.01M, November 2015    
On November 10, 2015, the board of directors of BreedIT Corp. accepted the resignation of Mr. Yoel Yogev as the company's CEO and a director, effective November 10, 2015. Mr. Yogev stated that the reason for his resignation was to permit him to pursue other business interests. Mr. Itschak Shrem, who has served as the company's chairman since December 31, 2013, has been appointed as interim CEO and will continue to serve as chairman of the company's board of directors.

Kronologi Asia Berhad, Selangor, Malaysia - October 2015    
Kronologi Asia Berhad announced appointment of Mr. Teo Chong Meng Philip Dominic (Executive Director) as Acting CEO and Mr. Tan Wee Seng Gerard (Independent Non-Executive Director) as Non-Executive Chairman.

NETIA SA, Poland, October 2015
Netia announced Boguslawa Matuszewska's term as temporary president of its management board (CEO) expired on 06 October. As a member of the company's supervisory board, she was appointed temporarily to perform the duties of the CEO with effect from 06 July for no longer than three months. Netia also announced that she resigned her membership of the company's supervisory board with effect from 06 October.

Wall Street Media Co., New York, NY - October 2015       
Wall Street Media Co. announced that Jerrold D. Burden immediately resigned as the sole director, CEO, President, Principal Executive Officer and Principal Financial Officer of the company. The company also announced that Jeffrey A. Lubchansky was appointed as the company's sole officer and director, serving as the company's interim CEO, President, Principal Executive Officer and Principal Financial Officer.

Epcylon Technologies, Toronto, ON - September 2015
Effective on September 22, 2015, the board of directors of Epcylon Technologies accepted the resignation of Jack J. Bensimon as the CEO and member of the board of directors of the company. Gary Schwartz, as director of lead strategies on behalf of the company, will be overseeing the day-to-day operations of the company until a replacement for CEO has been appointed.

HashingSpace, Los Angeles, CA - September 2015    
Timothy M. Roberts resigned as the Chairman and CEO. No replacements announced yet.

Compumed, California, November 2015   
CompuMed announced that W. Scott Rombach has resigned as President, CEO, and Director of CompuMed, effective November 13, 2015. Lee Keddie and David Pointer, existing Directors, will serve in the role of interim Co-CEOs for the company.

Oniqua Pty, Queensland, November 2015
Oniqua Intelligent MRO announced that effective December 4, 2015 company co-founder and CEO Andy Hill will retire after 25 years of service. Steve Herrmann, EVP of marketing and alliances for the company, will serve as interim CEO to ensure a smooth and successful transition during the search for Mr. Hill's successor. Hill will continue to provide strategic advice and counsel to the company on a consulting basis.

Openreach, Greater London, November 2015    
BT announced that Joe Garner is to step down as CEO of Openreach after deciding to take up a new challenge as CEO of Nationwide.

Société Internationale de Télécommunications Aéronautiques, Geneva, November 2015
SITA announced that CEO Francesco Violante will step down in the second half of 2016 after more than 13 years at the helm. A global search for Violante's successor is currently under way.

1st Detect Corporation, Texas, November 2015
Astrotech Corporation and its subsidiary 1st Detect Corporation, announced the demise of 1st Detect CEO Bob C. Kibler on October 31 due to heart complications. Mr. Kibler joined the company on June 23, 2014 and served as CEO of 1 Detect Corporation since December 4, 2014. Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation and Chairman of 1st Detect, who was also the CEO of 1 Detect from inception to December 3, 2014 will serve as Acting CEO until a successor is named.

PeerTV, Israel, November 2015    
PeerTV Plc announced the resignation of Wes Wilcox as CEO of PeerTV Limited.

Ournett Holdings, New York, November 2015   
Effective as of October 22, 2015, Mr. Xavier Rey has resigned as the CEO of Ournett Holdings and as a member of the company's Board of Directors.

ShopKeep POS, New York, December 2015       
Effective Jan. 1, 2016, ShopKeep announced that President and CEO, Norm Merritt, will be stepping down as head of the company for personal reasons. Michael DeSimone, who was formerly CEO of Borderfree will serve as ShopKeep’s acting CEO.

Total Client Services, South Africa, December 2015     
Total Client Services Limited announced its shareholders that Mr. Lindikhaya Sipoyo has decided not to renew his employment contract for a third term. However, in order to ensure a seamless transition, Lindikhaya has agreed to continue to fulfill the role as Executive Director and CEO until a suitable replacement is found.

Micromax Informatics Limited, India - January 2016
Micromax announced that CEO Vineet Taneja has resigned from the company. Taneja was appointed the CEO in May 2014. The company's four promoters, Rajesh Agarwal, Vikas Jain, Rahul Sharma and Sumeet Kumar, that own about 80% stake, are now in charge of the company.

Imagination TV, Florida - January 2016
STEVEN SAMBLIS, has stepped down as CEO, CFO and President and as a Member of the Board of Directors of the company. JOE SIRIANNI, who has consented to act as a President, Secretary and Treasurer, is appointed as President, Secretary and Treasurer of the company.

HempTech Corporation, Florida - January 2016
In connection with the new operating structure and upon completion of the Agronetix Merger, Sam Talari will become the Acting CEO and CFO of Agronetix. The Company will start to recruit a CEO for HempTech Sam Talari will remain as the acting CEO for HempTech.

Superloop, Australia, February 2016       
Superloop Limited announced that Superloop Executive Director and Founder, Mr. Bevan Slattery will be taking the role of Interim CEO of Superloop. Slattery will remain in the role of company Chairman. 

AppYea, Texas, February 2016     
On February 4, 2016, AppYea's sole director, CEO and CFO, Jackie Williams, passed away. Effective February 16, 2016, pursuant to the company's Bylaws, shareholders holding a majority of the common share votes, voted by written consent to appoint Keri Williams and Devin Beavers to serve as directors of the company. In addition, on February 16, 2016, the newly appointed board of directors appointed Devin Beavers to serve as interim CEO and interim CFO.

Globecomm Systems,New York, March 2016
Globecomm Systems announced that Keith A. Hall is stepping down as CEO and that Current CFO, Jason D. Juranek, will serve as Interim CEO. Mr. Hall will continue to be a resource for the Company during this interim period to ensure a smooth transition.

Trendit, Israel, March 2016
The Board of Directors of Trendit appointed Lior Romano as Executive Director. Mr. Romano will also act as interim CEO until a permanent replacement is appointed. Mr. Romano is also CEO of Contacts+. Benny Saban, CEO of the company, has notified the Board of his resignation from his role as CEO and as a member of the company's board.             

Gulf Bridge International, Qatar, March 2016
Gulf Bridge International has appointed Amr Eid as acting CEO. Eid will take on the job effective immediately, in addition to his role and responsibilities as chief commercial officer.

Interups, New York, April 2016
Until April 26, 2016, the company's sole director and officer was Likhitha Palaypu, who resigned as an officer, and is the daughter of Laxmi Prasad, formerly the company's majority shareholder. The company appointed Hadley W. Donenberg as Director, Interim CEO.

VGTel, New York, April 2016
VGTel announced that effective August 31, 2015, the interim management team, consisting of Amilya Antonetti, interim CEO, and K. Bryce Toussaint, interim President elected not to renew the 90-day interim management contract, and as of August 31, 2015, Ms. Antonetti and Mr. Toussaint are no longer affiliated with the company. The Board of Directors is seeking replacements for both President and CEO positions. 

Compliance Science, New York, April 2016
Compliance Science announced co-founder and CEO Mitch Kraskin has stepped down from his role as CEO. Effective March 29, David Eisner, a board member since March 2015, has assumed the role of executive chairman of Compliance Science and will be responsible for the company's operations and appointment of the next CEO. Michael D Angelo continues in his senior executive and board roles. Mr. Kraskin remains a non-executive board member of the company he co-founded in 2003.

Dyn, New Hampshire, May 2016
Jeremy Hitchcock, who co-founded Dyn, resigned as CEO. No one was named CEO. Jim Baum, who was named as chairman of the privately held company's board of directors in January, will be executive chairman.

CÜR Media (OTCPK:CURM), Connecticut, May 2016
CÜR Media appointed James Urie as Executive Chairman of the Board and as Interim president and Interim CEO, to assume the duties previously performed by Mr. Brophy, to serve until his successor shall be duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer and a director of the Company. 

ZipLocal, Canada, May 2016
ZipLocal announced that the Board of Directors has approved the appointment of Raj Ravindran, CFA, MBA, Ph.D as Interim CEO and Interim CFO.  Both positions were vacant as a result of the resignations of Paul Van Damme as CFO and Director, and Kevin Dane as CEO and Director.

MediaWorks Integrated Systems, California, May 2016
MediaWorks said the board had accepted Mr. Mark Weldon's resignation as CEO.

Ubiquity, California, June 2016
Ubiquity announced that on June 8, 2016, Nick Mitsakos, who is presently Co-Chairman has been appointed as Interim CEO and will remain as Co-Chairman of the company. Mr. Carmichael who has served the dual roles of CEO and Creative Architect will relinquish the role of CEO and will remain Co-Chairman and will continue to serve as Chief Creative Architect of the company.

Gateway Media, Missouri, June 2016
Gateway Media announced that Gabe Douek CEO has left the company.

Lavu , New Mexico, June 2016
Marc Chesley has stepped down as the CEO of Lavu. Chesley confirmed that he left Lavu June 9, 2016.

HGS Colibrium, Georgia, June 2016
HGS Colibrium’s Board of Directors announced that Mark Poling has resigned as CEO and is leaving as a founder to pursue other interests.

Quikflo Health, Canada, June 2016
QuikFlo Health announced that it has, subject to regulatory approval, appointed David Lane as a director and interim CEO. Mr. Lane has significant experience as a director and officer of various public companies across various industry sectors.

chatAND, New York, June 2016
chatAND has appointed Victoria Rudman as the Interim CEO of the company. Ms. Rudman currently also serves as the CFO. 

WordLogic, Canada, June 2016
Frank Evanshen hereby resigned from the Board of Directors and the position of CEO and President of WordLogic.

NLY Scandinavia, Sweden, July 2016
Qliro Group AB (publ) announced that Magnus Mansson intends to step down as CEO of Nelly. Magnus will remain in his current role until further notice and has a six month notice period. Magnus Månsson will assume the role of CEO of Gina Tricot after he has concluded his assignment at Nelly.

Pocket App, UK, July 2016
Pocket App has announced that Hugh Griffiths, a former Director of Mobile Services at Microsoft, has been appointed as Interim CEO. Paul Swaddle, the incumbent CEO, has taken up the position of Chairman and will continue to drive innovation and development, marketing and product marketing.

Coins.sx, UK, July 2016
The Board of Directors of Coinsilium Group Limited appointed Mr. Mark McDonnell as interim CEO of its investee company operating as Magnr. Mark has over 25 years' experience in the Financial Services Industry and has held senior positions at Lehman Brothers, AIG Financial Products and Bank of America Merrill Lynch. Mark is a director of Sherpa Millbank Ltd. and is a founding partner of EMx Capital Strategies LLC.

Ericsson Power Modules, Sweden, July 2016
Ericsson has announced the departure of Hans Vestberg as the president, CEO and member of the board of directors. Jan Frykhammar, EVP and CFO, will assume the CEO position until a new CEO is in office.

LOGIX Communications, Texas, July 2016
Astra Capital Management closed on its acquisition of Logix Communications. Matt Asmus, previous CEO of Logix, and Craig Sheetz, previous CFO, left the company as part of the sale. Astra partner Matt Murphy was named chairman and interim CEO of Logix. 

 

Tech Companies: CEOs Appointed

 

This is the detailed version of CEOs Appointed in the month July 2016. 

Citrix Systems, Florida, Massachusetts - $3.4B, July 2016Bill Wagner
LogMeIn and Citrix Systems announced that the companies have entered into a definitive merger agreement for LogMeIn to combine with Citrix’s GoTo business in a reverse morris trust transaction. LogMeIn’s Bill Wagner will continue in his role as President and CEO, and LogMeIn’s Ed Herdiech will serve as CFO. Michael Simon, former CEO and current Chairman of the Board of LogMeIn, will remain in place as Chairman of the combined company’s Board.

Orange Belgium, Belgium - $1.4B, July 2016
The Board of Directors of Orange Belgium has decided to appoint Michael Trabbia to the position of CEO as from September 1st 2016. Michael Trabbia joined Orange in January 2011 and became Group SVP for Corporate Public Affairs.

Jack Henry & Associates, Missouri - $1.3B, July 2016
David B. Foss named President and CEO of the Company, and John F.  Prim resigned from his role as CEO and assumed the role of Executive Chairman of the Company.

ePlus, Virginia - $1.2B, July 2016
ePlus  announced that its Board of Directors has promoted Mark P. Marron to CEO and President. Mr.  Marron succeeds Phillip G. Norton, who will assume the new position of Executive Chairman. Marron is currently COO of ePlus  and President of ePlus Technology.

Pakistan Mobile Communications, Pakistan - $901.3M, July 2016
VimpelCom and Global Telecom Holding (GTH), together with Warid Telecom Pakistan and Bank Alfalah announced the completion of the transaction to merge Pakistan Mobile Communications Limited (Mobilink) and Warid Telecom (Warid), creating Pakistan's next generation digital telecommunications provider. With the completion of the merger transaction, Mobilink now enters the next major phase of its transformation and CEO Jeffrey Hedberg will hand over the CEO role of Mobilink and Warid to Aamir Ibrahim, currently Chief Commercial Officer and Deputy CEO of Mobilink.

Dialog Axiata, Sri Lanka - $533.4M, July 2016
The Board of Directors of Dialog Axiata have named Supun Weerasinghe as the successor to Dr. Hans Wijayasuriya from January 1, 2017.Weerasinghe joined the Dialog Group in 1999 and occupied several management positions in the Group prior to being appointed to the position of Dialog's Group COO in 2010.

Kontron, Germany - $489.9M, July 2016
Sten Daugaard is taking over the position of CEO effective immediately. Daugaard, originally from Denmark, has held various management positions in his home country, the US, and Germany, and has extensive experience with restructuring companies.

Computer Task Group, New York - $346.6M, July 2016Arthur Crumlish
CTG announced that its Board of Directors has appointed Arthur (Bud) Crumlish as the company's President and CEO and a member of the Board of Directors. Crumlish joined CTG in 1990 and since July 2001 has served as SVP and General Manager of Strategic Staffing Services (SSS).

AVEVA Group, UK - $290.2M, July 2016
The company announced that Richard Longdon will step down from his role as CEO and as a Director of the company with effect from December 31, 2016. The board of company announced that James Kidd, CFO, has been appointed as deputy CEO with immediate effect and he will assume the role of CEO with effect from January 1, 2017.

Schaffner Holding, Switzerland - $200.2M, July 2016
On 15 July 2016, Schaffner Holding AG announced the leaving of the long-term CEO of the Group, Alexander Hagemann, with immediate effect. He is said to pursue new challenges outside of the company. Ad interim, the Group's CFO Kurt Ledermann, who has been with the company for more than 8 years, will take over as CEO.

United Online, California - $145.3M, July 2016
B. Riley Financial has completed the acquisition of United Online As part of the transaction, Robert J. (Rusty) Taragan will be rejoining United Online as its CEO. Rusty previously spent 15 years at United Online, and its predecessor company NetZero, most recently as the President of its Communications Segment.

Beetel Teletech Limited, India - $127.9M, July 2016
Brightstar Corp. appointed Deval Parikh as the CEO and Director of Beetel Teletech Limited, effective immediately. Parikh has more than two decades of experience in the telecommunications and technology domains in both Silicon Valley (U.S.) and India, with focus on marketing, product management, engineering, supply chain and sales. 

Bell Techlogix, Indiana - $98.4M, July 2016
Bell Techlogix appointed Ron S.  Frankenfield as CEO effective July 18, 2016. Mr.  Frankenfield joins the company from Unisys where he was president of the Global Services business.

ExtraHop Networks, Washington - $64.8M, July 2016
ExtraHop announced three key leadership changes, readying the company for its next phase of growth. First, the company has appointed Arif Kareem, former president of Fluke Networks and networking and telecommunications industry veteran, as its new CEO.

Pronto Software, Australia - $56.6M, July 2016
Pronto Software Limited appointed existing COO, Chad Gates as Managing Director succeeding David Jackman from 15 July 2016. During his 17-year tenure, David Jackman has tripled the size of Pronto Software.

TeamTalk, New Zealand - $39.5M, July 2016
TeamTalk Limited has appointed Andrew Miller to be its new CEO. Andrew Miller will take up the role in early September. He is currently the Commercial Business General Manager at Callaghan Innovation.

Lone Wolf Real Estate Technologies, Ontario - $38.4M, July 2016
Lone Wolf Real Estate Technologies  appointed Patrick Arkeveld as its new CEO. Lorne Wallace, founder and former CEO of Lone Wolf, will assume an active role as Executive Chairman. Arkeveld served as President of Lone Wolf for the past year.

dotDigital Group, UK - $35.7M, July 2016
dotdigital Group Plc announced that Simone Barratt will not be returning to the business following a period of illness. Milan Patel, currently interim CEO, has formally been appointed as CEO with immediate effect.

Fahrenheit IT; Global Employment Solutions, Colorado - $28.5M, July 2016
Global Employment Solutions and Fahrenheit IT announced that Howard Brill who has led the company for the past 16 years is moving to the role of Executive Chairman and Wayne Cavanaugh who has served as the company’s CFO, COO and President has been promoted to CEO.

Infogain India, India - $20.9M, July 2016
India Infogain has named Sunil Bhatia as CEO effective July 1, 2016. Mr. Bhatia has held the position of CEO Designate at Infogain since the completion of Infogain.

eHarmony, California - $19.3M, July 2016
eHarmony announced that it has selected long-time VP and member of the original eHarmony team, Grant Langston, as CEO. Founder and CEO, Dr. Neil Clark Warren, will retire as CEO and remain eHarmony chairman. The company said the changes will be effective immediately.

PJSC Datagroup, China - $17.9M, July 2016
Datagroup has appointed Mikhail Shelemba as the new CEO of the company. Shelemba has previously worked at the consultancy McKinsey & Company. Shelemba replaces Alexander Kardakov, the founder of Datagroup, who has been serving as CEO on a temporary basis.

Veriato, Florida - $13.9M, July 2016
Veriato announced the promotion of COO Mike Tierney to CEO and a member of the company’s board of directors. In the planned succession, effective immediately, former CEO Jason Judge will continue to play an active role on Veriato’s board.

TotalMobile, UK - $12.9M, July 2016
Jim Darragh, the former CEO at CMO Software, has been appointed as CEO TotalMobile in succession to Colin Reid who is retiring from full time work.

TradingScreen, New York - $12.3M, July 2016
TradingScreen announced that the Board of Directors of TradingScreen  appointed Pierre Schroeder as the CEO. He has served as interim CEO since May 10, 2016. 

ProctorU, California - $12.0M, July 2016
ProctorU named Scott McFarland as CEO. McFarland joins the fast-growing company after service as COO for PerfectServe.

Solexel, California - $11.6M, July 2016
The company recently named  Chief Sales and Marketing Officer and CFO Mark Kerstens as CEO, unveiled its new brand and introduced its Sprint lightweight photovoltaic (PV) solar panel system for flat commercial roofs.

Insurance Information Institute, New York - $9.4M, July 2016
The Insurance Information Institute (III) announced that it has hired Sean Kevelighan, most recently with Zurich Insurance, as president and CEO.

Solitron Devices, Florida - $7.8M, July 2016
Solitron Devices announced that on July 22, 2016, Shevach Saraf retired as Chairman, CEO, President, CFO, Treasurer and a member of the Board of Directors. On July 22, 2016, the Board of Directors of the company appointed Tim Eriksen as CEO and Interim CFO effective as of July 22, 2016. Mr. Eriksen, age 47, was elected a director of the company on August 4, 2015.

ShopRunner, Pennsylvania - $7.7M, July 2016Sam Yagan
ShopRunner appointed Sam Yagan as its CEO. Sam has co-founded several popular consumer internet businesses, including SparkNotes and OkCupid.

Skyhook Wireless, Massachusetts - $6.1M, July 2016
Skyhook appointed Craig Waggy as CEO. Waggy's appointment comes as Skyhook and its parent company, TruePosition, begin operating as a single business. Additionally, Karl Holzthum joins Skyhook as chief sales and marketing officer. Waggy joined TruePosition in 2005, serving as its EVP of finance and administration from 2005 to early 2014 when he was appointed CEO.

Hickok, Ohio - $6.0M, July 2016
Hickok Incorporated announced that Robert L. Bauman informed of his decision to retire as President and CEO. The company appointed Mr. Brian E. Powers as President and CEO effective September 1, 2016. Mr. Powers, is Chairman of the Company’s Board of Directors and has held this position since 2014.

Velosecure, New York - $4.6M, July 2016
Identity Finder LLC appointed Dr. Jo Webber as its CEO. Dr. Webber brings more than 16 years of experience leading global technology companies. Jo is an experienced technologist and software company CEO who has led three previous companies including Energy Solutions International.

Gravity4, California - $2.3M, July 2016
Gravity4 announced that days after a S.F. Superior Court judge ruled that Gurbaksh Chahal violated probation, Gurbaksh Chahal has stepped down as CEO of Gravity4. At Gravity4, Chahal is replaced by Chahal’s sister Kamal Kaur, who was listed as the chairwoman and CEO on the company's website as of July 28, 2016.

Gaming Corps, Sweden - $1.1M, July 2016
The Board of Gaming Corps has decided on a change of CEO. Magnus Kolaas takes over from Nicklas Dunham with immediate effect. Magnus, who took place in Gaming Corps Board of Directors at the Annual General Meeting in June, has a background in digital development, international sales, marketing and business development and has also founded and managed Ymer advertising and marketing agency network IN, The Library, SwopGate, and Swarmplanet and more.

Knosys, Australia - $0.6M, July 2016
Knosys Ltd. appointed its new CEO, industry veteran and experienced technology company executive, Mr. John Thompson. The appointment of Mr. Thompson follows the resignation of former CEO, Mr. Ashley Gall.

iGAMBIT, New York - $0.6M, July 2016
iGAMBIT appointed Rory T. Welch as President and CEO, to replace current President and CEO John Salerno. Mr. Salerno will remain in the role of Chairman of Board of Directors. Rory T. Welch, holds the position of President and CEO of Subsidiary Wala d/b/a ArcMail Technologies.

Omni Market Tide, Australia - $0.1M, July 2016
Omni Market Tide Limited announced the departure of Megan Boston as Managing Director of OMT. The company announced the immediate appointment of Steve Terry as CEO. Prior to joining OMT, Steve spent the last six years working as the General Manager for the Queensland operation of TechnologyOne Limited.

The Virtual Learning Company, New York, July 2016
Virtual Learning Company announced that, on July 20, 2016, at a duly called meeting of the board of directors of the company, Vincent Simonelli was appointed to fill one of the vacancies on the board of directors. Following Simonelli’s appointment to the board, the board accepted the resignation of Mr. Roger Fiddler as the then-serving President/CEO of the company and appointed Mr. Simonelli to that position, to initially serve without pay.

Telefónica UK, UK, July 2016
Telefonica UK (O2) has confirmed that CFO Mark Evans has been appointed as CEO to take over from Ronan Dunne on 01 August 2016. Evans also manages the giffgaff brand, which is a wholly owned subsidiary of Telefonica, and is Chairman of Tesco Mobile.

ROHDE & SCHWARZ, Germany, July 2016
As of July 1, 2016, Christian Leicher and Peter Riedel lead Rohde & Schwarz GmbH & Co. KG. Leicher, the new President and CEO, has been a member of the Executive Board since 2005.

Workfront, Utah, July 2016
Workfront announced the hiring of Alex Shootman as the company's President, CEO and member of its Board of Directors. Most recently, Shootman was the president of Apptio.

Teradata Applications, Indiana, July 2016
Marlin Equity Partners announced that it has acquired Revenew. The transaction follows Marlin's recent acquisition of the Marketing Applications business from Teradata Corporation. Revenew has been merged with the marketing operations business of TMA to create a differentiated leader with the unique ability to serve customers' central and channel marketing requirements. In addition, Marlin also announced that it has named John Stammen, previously CEO of Revenew, as CEO of the new Aprimo.

KEYMILE, Germany, July 2016
Keymile has appointed founder/CEO of RMU CAPITA Rolf Unterberger as its new CEO with effect from start-July 2016. He replaces Axel Foery.

Oxford Instruments Plasma Technology, UK, July 2016
Oxford Instruments Plasma Technology has appointed Richard Pollard as the managing director. Most recently Richard was with Ocean Optics.

NetMotion Wireless, Washington, July 2016
NetMotion Wireless announced that its president, Christopher Kenessey, has been appointed CEO.

InTouch Technologies, California, July 2016
InTouch Health has appointed Joseph M. DeVivo as its new CEO. Mr. DeVivo was most recently President, CEO and Director of AngioDynamics.

NABUfit Global, Utah, July 2016
NABUFIT Global announced that Brian Palm Svaneeng Mertz was appointed as a member of the board of directors and its CEO. At the same time Ulrik Moll, who has been the company's CEO since December 2015 has ceased his services with company. Mr. Mertz served as a director and as the company's CEO from November 2014 through December 2015.

Deploy Technologies, Canada, July 2016
Deploy Technologies announce the appointment of Murray Simser, former CEO of Watts Unlimited, as CEO.

Vortex Brands, California, July 2016
Vortex Brands Co. announced that reached a preliminary agreement to acquire Sagan Labs and that Nicholas Busse will become its new CEO.

NuState Energy Holdings, South Carolina, July 2016
On July 8, 2016 Kathleen Roberton resigned her position as CEO and member of the Board of Directors of NuState Energy Holdings Mr. Kevin Yates, the current Chairman of the Board, will serve as CEO. Mr. Yates will remain as Chairman of the Board.

Yota Devices, Dubai, July 2016
Dmitriy Moyseyev has been named as new CEO by Yota Devices. Earlier, Moyseyev served as COO and takes up the role from Vladiislav Martynov in the top job.

Atlatl Software, South Carolina, July 2016
Atlatl Software announced that Marc Murphy has been selected to lead the company as its new CEO. Most recently, Murphy was CEO at SPARC LLC.

Identa, Israel, July 2016
IDenta Corp. announced that Mr. Nash Abramov has been appointed as the new CEO of the company. In the last 20 years, Mr. Abramov has been dealing with the management of companies in the technological-industrial sector. In the recent years he has dedicated his experience, expertise and professionalism especially to family owned companies.

Blink Couture, Colorado, July 2016
on June 13, 2016, Blink Couture announced that, A. Terry Ray, the sole officer and director, resigned from her respective positions as President, CEO, CFO, Secretary and sole director. Immediately prior to her resignation as a director, on June 13, 2016, A. Terry Ray appointed Michael Toh Kok Soon as a director of the company, to fill the vacancy created by her resignation, and also appointed Michael Toh Kok Soon as the President, CEO, CFO and Secretary. Michael Toh Kok Soon is the Managing Director of Toga Capital Sdn Bhd.

MuscleSound, Colorado, July 2016Andy Jackson
MuscleSound brought on Andy Jackson, a veteran fitness tech executive, to lead the company. Stephen Kurtz, a co-founder and the previous CEO, has been named chairman of the business and will begin working researching health care applications of the company's product. Jackson most recently has been CEO of CloudTag.

PagerDuty, California, July 2016
PagerDuty appointed Jennifer Tejada as CEO and a member of the board. Tejada previously served as president and CEO of Keynote Systems.

Y3 Technologies, Singapore, July 2016
Y3 Technologies has appointed Marc Dragon as CEO. Marc has more than 18 years of experience serving clients in Asia Pacific, and has been in multiple leadership roles at IBM, Deloitte Consulting and Antuit.

Data-as-a-Service, Florida, July 2016
DataMentors announced key organizational changes in the company's leadership team to strengthen strategy execution and drive growth and profitability. Anders Ekman, previously serving as DataMentors' President, has been named CEO.

ZopNow Retail, India, July 2016
ZopNow has appointed Raj Pandey as its CEO. Pandey has replaced Mukesh Singh. Prior to this appointment, Pandey has worked as an executive director of TMT investment banking at JP Morgan. He also worked for Deloitte Consulting.

mLevel, Illinois, July 2016
The company announced that Jordan Fladell, mLevel co-founder, will assume the position of CEO.

Annai Systems, California, July 2016
Annai Systems announced it has appointed biotech veteran James Jamie Levine as CEO. Michael Penley will continue to have key executive responsibilities as Annai’s chief business officer. Prior to joining Annai, he was the CEO of Sapphire Energy  and of Verenium Corporation where he led the successful commercialization of new products for a wide variety of customer industries.

Robi Axiata, Bangladesh, July 2016
Robi Axiata Limited has appointed COO Mahtab Uddin Ahmed as its CEO and managing director, effective 1 November. Ahmed will replace Supun Weerasinghe, who will return to Sri Lanka's Dialog Axiata, as the successor to the incumbent Group CEO Hans Wijayasuriya, effective 1 January.

Kinetic Social, New York, July 2016
Kinetic Social appointed digital marketing veteran Matt Gilbert as CEO as well as to the company's Board of Directors. e arrives at Kinetic from 500 friends, a leading SaaS omni-channel loyalty and lifecycle marketing solution for ecommerce, omni-channel retail, and CPG brands that he co-founded in 2011.

Compliance Science, New York, July 2016
ComplySci, formerly Compliance Science, appointed Jean-Marc Levy as CEO and as a member of its board of directors.

Across Systems, Germany, July 2016
Gerd Janiszewski (aged 47) to take over the role of the CEO of Across Systems GmbH.  Most recently, he served in an executive position for Transline Gruppe GmbH.

Mobile Phone Recycling Organisation, UK, July 2016
MPRO announced that Dr. Leland A. Babitch, M.D., MBA, has been named president and CEO. Prior to joining MPRO, Dr. Babitch served as an executive medical director at The Advisory Board Company.

NextGxDx, Tennessee, July 2016
Mark Harris announced that Rob Metcalf has succeeded him as CEO of NextGxDx. Most recently, he served as president and COO for Digital Reasoning.

Civitas Media, North Carolina, July 2016
Civitas Media announced that Lior Yahalomi, a board member and prior President of Civitas, has been appointed CEO effective July 8, 2016. Mr. Yahalomi replaces Ralph Martin, who is stepping down.

LiveHive, California, July 2016
LiveHive announced that its board of directors named Graham Curme as CEO. Curme succeeds former CEO Suresh Balasubramanian, who will continue to serve the company in the newly created role of Chief Strategy Officer. Curme co-founded and most recently served as CEO at Operatix.

StockTwits, California, July 2016
StockTwits announced that it has named Ian Rosen, former CEO, CoFounder at EVEN Financial, as CEO.

Integra ServiceConnect, Maryland, July 2016
Integra ServiceConnect appointed Richard 'Rick' M.  Hassett, MD, as CEO. Most recently, Rick served as an Executive in Residence at Warburg Pincus. Previously, he was CEO of NovaSom.

Opengear, Utah, July 2016
Gary Marks has been appointed CEO of the company. Previously, Marks served as the company's President. 

Avid Life Media, Ontario, July 2016
Avid Life Media appointed Rob Segal as CEO and James Millership as President are three months into their new roles at the company and have transformative changes planned for the company and its brand Ashley Madison.

vCargo Cloud, Singapore, July 2016
vCargo Cloud Pte Ltd. appointed Mr. Tay Koong Phong as CEO. Mr. Tay will be responsible for vCargo's business development and growth and to drive its strategic plans. He is also responsible for synergizing the operation of vCargo with the group's business plans.

comForte 21, Germany, July 2016
comForte 21 GmbH has appointed Michael J. Deissner as new CEO. Deissner is joining comForte from Cytonet, where he was one of the Managing Directors for the last 15 years.

Starticket, Switzerland, July 2016
Stefan Riedel named new CEO of Starticket AG. Following the merger with ticketportal, Starticket is reorganizing. Stefan Riedel previously held various positions at Salt Mobile and brings many years of experience in business development, strategy, process optimisation, and marketing.

ApplyDirect, Australia, July 2016
The Board of Directors of ApplyDirect Limited appointed Lorcan Barden as the company's new CEO. Prior to ApplyDirect, Lorcan was CEO of efm Logistics Services Group. 

Other Moves

Overstock.com, Utah - $1.7B, July 2016
Overstock.com Inc. announced founder Patrick M. Byrne has resumed his position as CEO of the 17-year old online retailer of home furnishings, décor, electronics, jewelry and apparel. Byrne took a medical leave of absence April 11, 2016 to deal with complications of a Stage IV diagnosis of Hepatitis C, contracted after receiving a head wound in rural China in 1984. 

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Entrepreneurial Boards Report - Foreword

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Our goal with this survey is to offer a pivotal guide for leaders who are considering a change to the structure of their board and corporate governance activities. There is a bonafide shortage of qualified, executive board members to fill the seats of growing companies, especially as the private sector unveils vital issues that impact executive board director searches for companies of all sizes.

It is important to note prior work in this area, so we can compare and contrast changes in the entrepreneurial board landscape. In 2001, the National Association of Corporate Directors (NACD) joined Ernst & Young’s Emerging Growth Markets practice to study the governance practices of entrepreneurial boards.

The NACD study offered valuable perspectives on executive board directors. However, the market for board directorships has changed over the past six years. By painstakingly finding and analyzing new facts about entrepreneurial boards, we have brought you the latest thinking on this topic at a time when executives want to carefully examine the value and make-up of boards.

The 2001 NACD study measured the extent to which board practices at entrepreneurial companies differ from board practices at more mature companies and, more importantly, it defined the most pivotal reasons for disparities.

The Vell Entrepreneurial Boards Composition Survey offers a narrower focus and an updated perspective relevant for today’s business climate. The results corroborate what some widely experienced corporate directors and advisors have been saying for some years:The boards of entrepreneurial companies are different in many ways from the boards of large public companies. Surprisingly, the Entrepreneurial Boards Composition Survey on which this report is based showed that even within the ranks of entrepreneurial company boards,there are notable differences between private and public boards.

The findings are relevant to corporate directors serving entrepreneurial companies with a talent shortage that affects rank-and-file workers, the executive suite, and board members. The results will also be helpful to many directors serving mature companies, as well as companies seeking to find the best and brightest board members who add real value to the company’s bottom line.

We invite your comments for future entrepreneurial board of directors surveys.

Dora Vell

Vell Executive Search

Entrepreneurial Boards Report - Introduction

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"Only about one-half of Inc. 500 companies report active, engaged boards of directors. Yet, in my experience, boards of directors are a critical success factor in fast-growing companies.” So says William Payne, of the Kauffman Foundation.

Payne would know. He’s an entrepreneur and an angel investor. He founded an electronic materials company in 1971 and sold it to DuPont in 1982. He’s made angel investments in 30 early-stage companies and served on the boards of a dozen such firms.

When the CEO runs into an obstacle he’s never faced before, a quick call to the board of directors can offer invaluable advice. Board directors can turn difficult situations into opportunities, steer CEOs clear of legal liabilities, and mediate disputes among leadership with the company’s best interest at heart. Far from being a burden, boards composed of the right directors are an asset to an entrepreneurial company.

Indeed, board directors spell success – and there are business gurus out there who are willing to fill a vacant seat. How then do you compete for top talent that will take a company to the next level? There are some common denominators among boards of directors that are worth noting. The Entrepreneurial Boards Composition Survey will offer you insights.

One key area that affects all boards is compensation. Barbara Hackman Franklin, a corporate director and former U.S. Secretary of Commerce, said: “While there is no prescriptive answer to the right formula for a CEO pay package, we believe there is an identifiable set of practices that boards can apply to their deliberations. Coupled with a spirit of courage and rigor, these practices can help ensure that we motivate and retain the best talent while minding the long-term interest of the organization and its shareholders.”

Another area: How can you build a board with a diversity of experience to gain the broadest knowledge base? Jeremy Curnock Cook and Geoffrey Vernon, directors of Rothschild Asset Management Ltd., an investment banking group headquartered in London, agree: appointing only recruiting directors from a small, familiar circle of associates is a common mistake early-stage companies make. This practice, they assert, tends to create a cozy club rather than a decision–making group that adds real value.

Tenure is another area of concern for a board. How much board experience does a director need? The Vell Entrepreneurial Boards Composition Survey not only investigates this topic but also concerns about the size of the board, how frequently the boards meet, what percentage of the board is independent, cash and equity compensation, and the prevalence of empty board seats.

By employing best practices in corporate governance, companies can assemble and maintain boards that help corporate executives drive greater profits and growth. Governance offers a level of accountability that keeps entrepreneurial companies on target with unbiased advice, insights into new and changing market opportunities, and warnings of potential pitfalls. The board of directors becomes the CEO’s personal advisor. Directors help level the playing field for entrepreneurial companies seeking to compete with larger firms. Indeed, board directors have never been more important to a small, growing company as they are in today’s global business environment.

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